Sports Direct chief executive Dave Forsey has left his role as secretary at Mike Ashley’s holding company Mash Holdings, according to a document filed at Companies House.
He has been replaced by Eacotts International, a firm of chartered accountants, tax and business advisors based in Buckinghamshire, in the role of corporate secretary.
The move comes ahead of the much-anticipated Sports Direct AGM at 11am in Shirebrook, Derbyshire, today and follows a brief trading update this morning, which said the retailer continues to trade in line with management expectations and is working towards hitting its lowered profit performance target of £420m.
Mash Holdings more than doubled its pre-tax operating profit to £542.6m in the year to April 30, 2014, up from £256.4m the previous year. The holding company, which owns Sports Direct, a selection of licensed brands and Newcastle United Football Club, increased sales from £2.3bn to £2.8bn during the period.