Jeff Blue, a senior director charged with leading mergers and acquisitions for Mike Ashley’s Sports Direct, has left the company.
The former Merrill Lynch banker, who was hired two years ago to help carry out deals and look after investor relations, left in December, according to The Times. He was also standing in as finance director for Bob Mellors, who had to retire through ill-health and has not yet been replaced.
Blue spearheaded the flotations of Debenhams and Sports Direct in 2007, while at Merrill Lynch.
Blue has been involved in Sports Direct’s purchases of majority stakes in retailers including Austrian chain EAG and Sportland International Group, according to the newspaper. He has also played a key role in Sports Direct’s put option on Debenhams last year.
A spokesman for the company confirmed to The Times: “Jeff is employed by Sports Direct until the end of March.”