‘Shouty’ Superdry Uber-Remainer Back on Board after 50.75% Vote

Guido readers will remember Superdry’s executive board’s total evisceration of the company’s co-founder and uber-Remainer Julian Dunkerton, when they told him he was not welcome back. They said his return would be “extremely damaging”…

Unfortunately for them, shareholders have just voted to give Dunkerton his seat back, by a super-slim 50.75% after what Guido hears was “a fairly shouty campaign” against the current board’s recommendation. The tycoon who donated £1 million to the second referendum campaign last year is determined to get back on board. 52% wasn’t decisive enough for Dunkerton, yet he’ll gladly accept a 50.75% mandate when it goes in his favour…

mdi-timer 2 April 2019 @ 15:08 2 Apr 2019 @ 15:08 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
Multi-Millionaire Remoaner Hung Out to Superdry

Smug multi-millionaire Superdry co-founder Julian Dunkerton is best known for giving one of this biggest donations in political history when he gave £1 million to the People’s Vote campaign last summer. Bizarrely the precondition for the donation was that it was all spent on polling. Given his net worth of over £400 million he won’t be missing it any time soon…

Unfortunately he didn’t follow his own advice to remain when it comes to his business – he flounced out of Superdry last year but has now taken to begging the board to put him back in as a director. Superdry have told him in no uncertain terms that he is not wanted back. At all.

“The board unanimously believes that Mr Dunkerton’s return to the company, in any capacity, would be extremely damaging to the company and its prospects.”

The board also said his leadership style does not fit with the “open-minded collaborative culture, values and operation of the company”. The bitter battle shows no signs of letting up – now he has accused the board of destroying £1.2 billion of shareholder value, in return they said he has no “credible plan” and are digging in with their unanimous opposition to his reappointment. Bye!

mdi-timer 18 March 2019 @ 17:09 18 Mar 2019 @ 17:09 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments