Edition:
United Kingdom

Associated British Foods PLC (ABF.L)

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Latest Key Developments (Source: Significant Developments)

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Boohoo recruits Primark executive as new boss, founders step back

LONDON Boohoo , the fast-growing British online fashion retailer, has appointed a Primark executive as its new CEO to drive the brand's global expansion, on a pay package that could earn him almost 58 million pounds in five years.