LONDON (Alliance News) - Shoe Zone PLC on Tuesday announced a shake-up to its management team including the resignation of Chairman Ian Filby and a number of role transfers among executives.
Filby will step down from his role as non-executive chairman to allow Chief Executive Anthony Smith to move to the role of executive chairman. Chief Financial Officer Nick Davis will replace Smith as CEO and will continue to manage the finance function until a replacement is appointed.
Non-Executive Director Jeremy Sharman will become non-executive deputy chairman, and Shoe Zone said it will also appoint a new non-executive director. Charles Smith remains chief operating officer.
All role changes will come into effect immediately, although there will be a controlled handover until a new finance director is appointed, Shoe Zone said.
"I am pleased that Nick has agreed to become CEO. Nick has been with the business for 13 years and has been instrumental in assisting Charles and me to drive both organic and acquisitive growth as well as our successful entry into online fulfilment. I look forward to continuing to work with Nick as we progress our Big Box trial and subsequent roll-out into 2017," Smith said in a statement.
By Karolina Kaminska; karolinakaminska@alliancenews.com @KarolinaAllNews
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Shoe Zone (SHOE)