BWNG Brown (n) Group Plc

TIDMBWNG

RNS Number : 8586H

Brown (N.) Group PLC

13 June 2017

13(th) June 2017

N Brown Group plc ("N Brown")

DIRECTORATE CHANGE - CHAIRMAN

N Brown Group Plc announces that, after serving nearly five years as Chairman, Andrew Higginson has informed the N Brown Board that he intends to step down in order to pursue opportunities in Private Equity.

Senior Independent Director Ron McMillan is leading the process to identify and appoint a new Chairman. Andrew will remain in his position as Chairman during the search for his replacement, and through an orderly handover period.

Andrew Higginson, Chairman, said: "I have thoroughly enjoyed my time at N Brown. It has been a privilege to Chair the company through a period of transformation to a digital business. Angela has established a strong and capable team, the benefits of which are now visible. I am stepping down in order to free up capacity to pursue opportunities within Private Equity in my portfolio, but I look forward to following the progress of the company in the coming years and wish the business every success."

Angela Spindler, CEO, said: "I would like to thank Andy for his support and advice since my appointment as CEO almost four years ago. Andy has led the Group during a period of significant transformation and his dedication and insight have made a significant contribution to this process. I have very much enjoyed working with him. I look forward to welcoming and working with a new Chairman in due course."

For further information:

 
   N Brown Group 
                                        0161 238 1845 
   Bethany Hocking, Director of          / 
    Investor Relations and Corporate     07887 536 
    Communications                       153 
   Website: www.nbrown.co.uk 
 
 
   MHP Communications 
   Simon Hockridge / Gina Bell    0203 128 8139 
                                 NBrown@mhpc.com 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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June 13, 2017 02:01 ET (06:01 GMT)

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