UK: Walker walks away from Iceland amid criticism and controversy
Malcolm Walker, executive chairman and founder of UK frozen food retailer Iceland, abruptly resigned yesterday, quitting ahead of a crisis board meeting that was to discuss his future amid growing controversy surrounding his £13.5m share sale. In a statement, he revealed: "In view of the intense media interest and speculation of the last few days, I have decided that it would be in the best interests of the company, its employees and its shareholders for me now to retire completely."
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