Brown (N.) Group PLC Directorate Change (5528A)
12 September 2018 - 7:38PM
UK Regulatory
TIDMBWNG
RNS Number : 5528A
Brown (N.) Group PLC
12 September 2018
12 September 2018 N Brown Group Plc ("the Company") Angela
Spindler to Step Down as Chief Executive Officer The Board of N
Brown Group Plc announces that it is to commence the search for a
new Chief Executive. Angela Spindler who has led the business
through a period of significant change and its transition towards
an online retailer will leave her role at the end of September. The
Board has asked Steve Johnson who is currently Chief Executive
Officer of the Financial Services business to assume the role of
Interim Group Chief Executive Officer until a new Chief Executive
is in place. Steve will join the PLC Board with immediate effect.
Matt Davies Chairman of N Brown Group Plc said: "We recognise that
now is an appropriate time to search for a new leader who can take
the business forward through the next phase of its development. I
would like to thank Angela for her significant contribution as CEO.
Angela has led the business with passion, energy and a relentless
focus on building on the Group's industry leading fit specialism as
well as building N Brown's on-line capability and expertise. She
has had to contend with significant legacy issues and a challenging
retail backdrop and has brought her great personal qualities and
values to the way she has led our business. We wish Angela well for
the future." Angela Spindler said: "I have been incredibly proud to
lead N Brown over the past 5 years and to work with such
exceptionally talented people that make N Brown the great Company
that it is. Over the last 5 years we have undertaken a significant
transformation across the business to support our online future
which will form a strong foundation for the coming years. I wish
Steve Johnson well in his role as interim Group CEO when I leave at
the end of September and would like to thank him and all the N
Brown executive for their wonderful support throughout my
leadership. I wish the Company and all my colleagues every success
in the future " The Company will be announcing its' first half
results on 11(th) October 2018.
Notes to editors:
Angela Spindler biography
Angela was appointed as Chief executive Officer in July 2013
and has over 20 years of retail experience, including senior
roles at Coca Cola, Mars Inc., Asda, Debenhams and the Original
Factory Shop.
For Further information:
N Brown Group 0161 238 2202/1845
Craig Lovelace, CFO
Theresa Casey, Company Secretary
Simon Bielecki, Interim Director of
Investor Relations and Corporate
Communications
MHP Communications 020 3128 8100
nbrown@mhpc.com
Andrew Jacques
Simon Hockridge
About N Brown Group:
An expert in fashion that fits and flatters, N Brown is one of
the UK's leading digital retailers. Its key retail brands are JD
Williams, Simply Be and Jacamo. It offers an extensive range of
products, predominantly clothing, footwear and homewares. N Brown
is all about democratising fashion and is size inclusive, focusing
on the needs of underserved customer groups - size 20+ and age
50+.
N Brown is headquartered in Manchester where it designs, sources
and creates its product offer, and employs over 2,600 people across
the UK.
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END
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