29th Apr 2024 14:16
N Brown Group PLC - Manchester-based clothing and footwear company - Chair Ron McMillan to retire and step down from board, effective Tuesday, for "personal reasons" after 11 years on the board. Chief Executive Officer Steve Johnson will also assume the role of interim executive chair until a permanent successor is found. Says this search has begun and a further announcement will be made "in due course". Johnson comments: "Ron has made a significant contribution as Chair and has played a critical role in the transformation of this company. On behalf of the board, I would like to thank Ron for his dedication to N Brown."
Current stock price: 13.92 pence, down 2.0%
12-month change: down 49%
By Greg Rosenvinge, Alliance News senior reporter
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