Dominic Chappell in September 2018 On 27 March 2018 the UK Insolvency Service announced that intends to ban Chappell, and three other former BHS directors, from serving as company directors for up to 15 years, following its investigation into the collapse of BHS under the Company Directors Disqualification Act 1986. Dominic Chappell Dominic Joseph Andrew Chappell (born 28 November 1966) is a British businessman and former racing driver, who has been declared bankrupt on two occasions. In 2015, his company, Retail Acquisitions Ltd, purchased the now collapsed retail chain British Home Stores from Philip Green for just £1 GBP together with a
UK Corporate Governance Code Council, along with a new version of the UK Corporate Governance Code, hence separating the issues from one another. Every company should be headed by an effective board which is collectively responsible for the long-term success of the company. There should be a clear division of responsibilities at the head of the company between the running of the board and the executive responsibility for the running of the company’s business. No one individual should have unfettered powers of decision. The chairman is responsible for leadership of the board and ensuring its effectiveness on all aspects of its role. As part