In a statement to Nasdaq Dubai, the company confirmed that Mark Russell had resigned
DP World has accepted the resignation of independent non-executive director Mark Russell.
In a statement to Nasdaq Dubai, the company confirmed that Russell had resigned.
DP World-owned P&O Ferries sacked 800 employees without warning.
But the UK press reported last weekend that Russell had left saying he could not support how DP World-owned P&O had handled the “restructuring”, under which staff on its ferries were replaced by those from a third-party crew provider.
Prime Minister Boris Johnson said that the company seemed to have broken the law.
This was followed by P&O CEO Pete Hebblethwaite issuing a public apology at a hearing before UK members of parliament (MPs), yesterday (Thursday) and calls for his resignation by transport secretary Grant Shapps today.
On Tuesday, the company said it will pay $48.13 million in compensation to sacked workers.
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