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RNS Number : 8586H
Brown (N.) Group PLC
13 June 2017
 

13th 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."

 

N Brown Group

Bethany Hocking, Director of Investor Relations and Corporate Communications

 0161 238 1845 /

 07887 536 153

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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