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Ex-BHS director handed five-year boardroom ban

// Ex-BHS director Lennart Henningson has been handed a 5-year ban from UK company dictatorships
// He worked alongside Retail Acquisitions boss Dominic Chappell, who bought BHS for £1 from Sir Philip Green in 2015
// The ban has been imposed by the Insolvency Service

The former director of collapsed department store chain BHS, Lennart Henningson, has agreed to a five-year ban from company directorships across the UK.

The ban has been imposed by the Insolvency Service.

Henningson was a director at BHS and transferred £1.5 million from BHS to a Swedish firm the day after its board had discussed the appointment of administrators.

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BHS collapsed in April 2016, leading to 11,000 job losses.

Henningson worked alongside Retail Acquisitions boss Dominic Chappell, who bought BHS for £1 from Sir Philip Green in 2015.

In November, Chappell was handed a 10-year boardroom ban, and earlier this month, he was ordered to pay £9.5 million into chain’s pension schemes.

In 2017, Green agreed a deal with regulators to hand over £363 million to cover the majority of the pension black hole.

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The post Ex-BHS director handed five-year boardroom ban appeared first on Retail Gazette.



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