CEO of Next sells shares worth more than 10 million sterling
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LONDON (Reuters) - The chief executive of Next has sold more than 10 million pounds ($12.7 million) worth of shares in the British clothing retailer to finance an investment in a private venture outside the retail industry, the company said on Tuesday.Simon Wolfson sold 153,000 shares for 66.05 pounds each, netting 10.12 million pounds, according to a stock exchange notification. The sale equates to about 10% of his total holding in Next.Wolfson joined Next in 1991 and has been CEO since 2001...