Published: September 19, 2025 at 4:22 pm
The leadership team and other directors at boohoo Group plc have survived a shareholder vote despite the best efforts of Frasers Group.
Frasers, which owns around 29.7% of shares in boohoo – now rebranded operationally as Debenhams Group – voted against the re-election of founder Mahmud Kamani, chairman Tim Morris, CEO Dan Finley, CFO Phil Ellis and non-executive director John Goold.
However Debenhams said around 98% of other shareholders had voted in favour of their re-election, which saw each resolution passed by 61% or 62%.
And despite two advisory groups urging that shareholders vote against the directors remuneration report for the year ended 28th February 2025, that was also passed with 57% of shareholders voting in favour.
Frasers, however – led by Mike Ashley, Kamani’s nemesis – managed to defeat three other resolutions.
Meanwhile, Tom Handley has been appointed to the board and Alistair McGeorge is to step down as a non-exec director.