Sports Direct chairman rejected by shareholders for second time

Majority of independent investors vote against Keith Hellawell’s re-election to board but Mike Ashley’s majority stake means he will stay in roleKeith Hellawell, the embattled chairman of Sports Direct, has been rejected by independent shareholders for the second time in four months, as outside investors repeated calls for the former police chief constable to be ousted from the sportswear retailer’s board.
In a second poll, forced by independent investors under new City rules,