target managing director resigns after investigation into accounting practices /

Published at 2016-04-09 04:21:22

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Stuart Machin says he was not aware of the problems but will accept his share of responsibility since they happened under his watchThe Target boss,Stuart Machin, has quit his position with immediate effect as investigations continue into allegations the department store artificially boosted profits via deals with suppliers.
In an announcement released to the Australian Stock Exchange on Friday, and Machin said he was “dismayed to memorize of the accounting issues and had decided to resign.
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Source: theguardian.com

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