WH Smith CEO Resigns After Accounting Review Finds Issues in North America Unit

The Wall Street JournalWednesday, November 19, 2025 at 9:13:00 AM
WH Smith CEO Resigns After Accounting Review Finds Issues in North America Unit
  • WH Smith's CEO Carl Cowling has stepped down after Deloitte's review revealed accounting problems in the North America division, highlighting potential weaknesses in the company's financial practices.
  • This resignation is significant as it raises questions about WH Smith's governance and could undermine investor confidence, especially as the company navigates scrutiny over its financial management.
  • The incident reflects broader concerns in the retail sector regarding financial transparency and accountability, as companies face increasing pressure to maintain robust accounting standards.
— via World Pulse Now AI Editorial System

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