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Former Superdry CEO Euan Sutherland will reportedly get a £1m payoff after leaving the retailer amid a boardroom battle with co-founder Julian Dunkerton.
Retailer Superdry has announced the appointment of Georgina Harvey and Faisal Galaria to its board as non-executive directors. Harvey is also set to become chairman of the remuneration committee.
Diversification of branding will return Superdry to its wide consumer appeal, says interim chief executive and co-founder Julian Dunkerton despite an initial set of disappointing results.
After an intense boardroom battle, which pitted entrepreneurial passion against business acumen, Julian Dunkerton is back at the helm of Superdry. Abandoned by the board, will the brand’s co-founder be able to follow through on his very public promises?