Dr Martens PLC -Northamptonshire, England-based boot maker - Senior Independent Director Lynne Weedall intends to step down after the company's annual general meeting on July 15. This follows a six-year tenure on the board. The company notes: "A thorough succession process to appoint Lynne's replacement on the board is well progressed and a further announcement will be made in due course".
Chair Paul Mason adds: "I would like to thank Lynne for her significant contributions since the company's IPO in 2021. She has brought sound judgement, constructive challenge and a strong governance mindset, and I have greatly valued her counsel and support."
Current share price: 72.10 pence, up 2.6% on Wednesday morning in London
12-month change: up 29%
By Holly Munks, Alliance News reporter
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* Annual adjusted PBT beat expectations with a 61.3% jump