Tributes for Penneys founder, Chairman and former CEO

Tributes for Penneys founder, Chairman and former CEO

Penneys/ Primark is deeply saddened to confirm that Arthur Ryan, the company’s founder, Chairman and former CEO, passed away today after a short illness. Mr. Ryan was 83 years old.

In a statement, the company said that throughout his entire career, Ryan remained strongly connected to the customer and regularly visited the stores and walked the shop floors. Equally, Penneys say Ryan placed great importance on talent development and influenced so many careers, which remains instilled in Primark’s culture today. 

Speaking yesterday, CEO of Primark, Paul Marchant said, "Arthur Ryan was a retail pioneer and a man of remarkable business acumen. At Primark, we feel very fortunate to have experienced up close his drive and passion for the business as well as his integrity, warmth and wonderful sense of humour. He was very generous in so many ways. He devoted a lot of his time to advise and connect people and he quietly supported people in the background in times of need."

Source: www.businessworld.ie