Recently appointed Thorntons chairman Chris Burnett said: 'The Board would like to thank Martin for his contribution to the development of Thorntons and wish him well for the future.'
In September, the company posted a 9.6 per cent rise in preliminary pre-tax profit to£7 million on sales up 6.9 per cent to£178.7 million.
However, Allen's link with the company is not entirely severed, because he owns a 0.05 per cent stake in the retailer. His personal investment in the company stands at about£60,000.
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