Mike Ashley's daughter made director of his retail empire

Matilda Ashley, 27, is now a director of Mash Holdings

Updated: 03:19 EDT, 24 August 2024

Tough decisions: Mike Ashley

Mike Ashley’s daughter has been made a director of his retail empire.

Matilda Ashley, 27, is now a director of Mash Holdings, which controls his stake in Frasers Group and other companies.

She has resigned as a director of her own beauty business, Double Take.

The move that may raise eyebrows in the City after other instances of the 59-year-old businessman hiring family members.

Frasers appointed Michael Murray, married to his oldest daughter Anna, as chief executive two years ago.

And Matilda’s boyfriend David Al-Mudallal is the chief operating officer of Frasers and also a board member.

He is one of the youngest directors of a FTSE 100 firm.

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