Chris Ronnie (pictured), JJB’s suspended chief executive, issued a statement yesterday via his solicitors saying he had resigned from the high street retailer. This was quickly countered by the following statement from JJB’s board:
“The board of JJB (other than Christopher Ronnie) notes the press statement issued without its knowledge by Pannone LLP, the law firm acting for Mr Ronnie.
JJB confirms that Christopher Ronnie has tendered a letter of resignation conditional upon reaching agreement on the terms of a settlement. No such agreement has been reached and accordingly Mr Ronnie’s resignation is not effective.
JJB continues to reserve its contractual and other rights in respect of Mr Ronnie.’
