Rank Group Chief Executive Henry Birch To Move To Shop Direct

7th Mar 2018 09:06

LONDON (Alliance News) - Casino and bingo operator The Rank Group PLC said on Wednesday its Chief Executive Henry Birch has given 12 months' notice to leave his position.

Birch is leaving the FTSE 250 company to join retailer Shop Direct as chief executive. Shop Direct's brands include Littlewoods and Very.

Rank Group said Birch will remain while it looks for a successor, and he will ensure an orderly handover.

Rank Group brands include Grosvenor casinos and Mecca bingo.

Shares were down 2.0% on Wednesday at 220.00p each.

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