Philip Green Philip Green Sir Philip Nigel Ross Green (born 15 March 1952) is a British billionaire businessman, and the chairman of Arcadia Group, a retail company that includes Topshop, Topman, Wallis, Evans, Burton, Miss Selfridge, Dorothy Perkins and Outfit. The now-defunct BHS chain was also part of the group. Green has been involved in a number of controversies throughout his professional career, including his actions prior to the demise of BHS. In October 2016, the House of Commons approved a measure to ask the Honours Forfeiture Committee to strip Green of his knighthood for his role in the downfall of BHS.
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