Nov 15, 2017

Dyson sues former chief executive for allegedly leaking company secrets

Dyson is suing its former chief executive over claims that he revealed confidential product information and used the company's resources for his personal benefit. The UK-based vacuum cleaner maker founded by billionaire inventor Sir James Dyson issued a claim at the High Court on Wednesday against Max Conze, who left the company last month after six years. Dyson said this was in relation to Mr Conze's actions while chief executive, including the alleged "Disclosure of confidential information, and a breach of his fiduciary duties". Despite receiving public thanks from Sir James when he left Dyson, Mr Conze was dismissed by the company's board, according to one person familiar with the matter. Mr Conze, who was born in Germany and spent two years in the army before studying and later working at Procter & Gamble, said that during his time at Dyson its sales and profits tripled, while the company's workforce quadrupled to 10,000.

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