Dave Forsey

Last updated

David Forsey
NationalityBritish
OccupationBusinessman
Known forFormer CEO, Sports Direct
Successor Mike Ashley
SpouseStacey Forsey

David Forsey is a British businessman and the former chief executive of Sports Direct until September 2016. [1]

Contents

Career

Forsey started working for Mike Ashley at the age of 18, and continued for 32 years. [2]

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. [3] In October 2015 Forsey was charged with a criminal offence for consultation failures over USC staff who only had 15 minutes notice of redundancy. [4] [5]

In September 2016, Forsey resigned as chief executive of Sports Direct. [2] [6] [7]

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. [8] [9]

In March 2021, Forsey was appointed as managing director of Revolution Beauty. [1] [10]

Personal life

Forsey is married to Stacey Forsey, who has starred in The Real Housewives of Cheshire. [1]

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References

  1. 1 2 3 Armstrong, Ashley (18 December 2023). "Forsey joins the cosmetic revolution to rival Ashley". ISSN   0140-0460 . Retrieved 18 December 2023.
  2. 1 2 Ashley Armstrong (23 September 2016). "Mike Ashley becomes CEO of Sports Direct after Dave Forsey resigns". Telegraph.co.uk. Retrieved 4 July 2017.
  3. Simon Goodley (11 December 2015). "Revealed: how Sports Direct stripped USC assets before it collapsed". The Guardian. Retrieved 11 December 2015.
  4. Simon Goodley, Sarah Butler (9 October 2015). "Sports Direct chief executive charged over USC administration". The Guardian. Retrieved 11 December 2015.
  5. Noel O'Reilly (21 October 2015). "Company directors face criminal charges over redundancies". Personnel Today. Retrieved 11 December 2015.
  6. "Chief executive Dave Forsey resigns from Sports Direct - ITV News". Itv.com. 23 September 2016. Retrieved 4 July 2017.
  7. Julia Kollewe. "Sports Direct: Mike Ashley steps in after CEO Dave Forsey resigns | Business". The Guardian. Retrieved 4 July 2017.
  8. Shah, Oliver (21 May 2017). "Forsey to stand trial" . Sunday Times. London. Retrieved 16 March 2019.
  9. Geoghegan, Jill (22 May 2017). "Ex-Sports Direct CEO to stand trial". Drapers. Retrieved 16 March 2019.
  10. MacDonald2021-06-09T06:26:00, George. "Tycoon Ashley's former lieutenant takes top role at Revolution Beauty". Retail Week. Retrieved 18 December 2023.{{cite web}}: CS1 maint: numeric names: authors list (link)