<p style="text-align:start;" size="0" _root="undefined" __ownerid="undefined" __hash="undefined" __altered="false"><span style="color:#000000">The company said in a statement Thursday that Mike Ashley, who is 57 years old, will walk away as CEO of the $4.3 billion (market cap) empire Frasers Group—which he founded in 1982—on May 1 next year.</span></p>
