12 Sep 2018 10:38
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 11th 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
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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.
Brown Group (BWNG)