26th Feb 2019 09:32
LONDON (Alliance News) - Fashion retailer N Brown Group PLC said Tuesday it had appointed Steve Johnson as permanent chief executive with immediate effect.
Johnson become interim chief executive officer in September 2018 after former boss Angela Spindler stepped down from the role. Prior to becoming acting chief, Johnson had been the CEO of the financial services unit at N Brown since 2016.
"Having conducted a thorough and extensive search process, the board is delighted to appoint Steve as CEO," N Brown Chair Matt Davies said.
"As Interim CEO he has shown the strategic thinking, pace, energy and focus which demonstrates that he is the best person to take the business forward," Davies added. "He brings a wealth of senior management experience across a number of large retail and financial services companies."
Shares in N Brown were 0.9% higher at 106.90 pence on Tuesday.
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