WH Smith Boss Steps Down After US Accounting Probe

WH Smith chief executive Carl Cowling has stepped down after an investigation into an accounting blunder in its US division Alamy/PA

WH Smith chief executive Carl Cowling has stepped down after an investigation into an accounting blunder in its US division and as the retailer warned over profits once again.

Mr Cowling has been replaced by Andrew Harrison – chief executive of the group’s UK division – on an interim basis until a permanent successor is appointed.