Dave Forsey

Dave Forsey is a British businessman, the former CEO of the British retail chain Sports Direct, until his resignation in September 2016.

David Forsey
NationalityBritish
Occupationbusinessman
Known forCEO, Sports Direct
SuccessorMike Ashley

Forsey started working for Mike Ashley at the age of 18, and continued for the next 32 years.[1]

In 2015 Sports Direct subsidiary USC, a clothing retailer, went into administration. In the two preceding months leases for many of USC's stores were transferred to another subsidiary, Republic, and the USC trademark was transferred to another Sports Direct company.[2] In October 2015 Forsey was charged with a criminal offence for consultation failures over USC staff who only had 15 minutes notice of redundancy.[3][4]

In September 2016, Forsey resigned as CEO, after 32 years with Sports Direct.[1][5][6]

In May 2017 The Sunday Times reported that Forsey will be prosecuted over the collapse of USC. He had previously tried to block the prosecution through a judicial review.[7][8]

References
  1. Ashley Armstrong (23 September 2016). "Mike Ashley becomes CEO of Sports Direct after Dave Forsey resigns". Telegraph.co.uk. Retrieved 4 July 2017.
  2. Simon Goodley (11 December 2015). "Revealed: how Sports Direct stripped USC assets before it collapsed". The Guardian. Retrieved 11 December 2015.
  3. Simon Goodley, Sarah Butler (9 October 2015). "Sports Direct chief executive charged over USC administration". The Guardian. Retrieved 11 December 2015.
  4. Noel O'Reilly (21 October 2015). "Company directors face criminal charges over redundancies". Personnel Today. Retrieved 11 December 2015.
  5. "Chief executive Dave Forsey resigns from Sports Direct - ITV News". Itv.com. 23 September 2016. Retrieved 4 July 2017.
  6. Julia Kollewe. "Sports Direct: Mike Ashley steps in after CEO Dave Forsey resigns | Business". The Guardian. Retrieved 4 July 2017.
  7. Shah, Oliver (21 May 2017). "Forsey to stand trial". Sunday Times. London. Retrieved 16 March 2019.
  8. Geoghegan, Jill (22 May 2017). "Ex-Sports Direct CEO to stand trial". Drapers. Retrieved 16 March 2019.


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