WHS
27/10/2015 09:08
OFFICE
PRICE SENSITIVE
REL: 0908 HRS The Warehouse Group Limited
OFFICE: WHS: Appointment of Group Chief Executive
27 October 2015
THE WAREHOUSE GROUP LIMITED
Appointment of Group Chief Executive
The Warehouse Group (TWG) is pleased to announce the appointment of Nick
Grayston as Group Chief Executive. The appointment follows the announcement
in March 2015 that the Board had commenced a process to recruit a new Group
Chief Executive.
Nick will join TWG in December 2015 from Sears Holdings in Chicago where he
has held a number of senior leadership positions including President of
Footwear, Home, Fine Jewellery and Apparel. While at Sears, he has gained a
wealth of experience in leading change from traditional retail into
omnichannel and integrated retail, building profitable businesses, driving
operational turnarounds, changing business models and leading
high-performance teams.
Prior to Sears, Nick held senior executive positions with Foot Locker Inc.
companies including President and CEO of Foot Locker, Footaction and Kid's
Foot Locker in New York and other leadership roles in Canada and Europe. Nick
also previously held planning, allocation and merchandising roles at a number
of leading retailers in the United Kingdom including Laura Ashley,
Woolworths, Debenhams and Marks and Spencer.
Chairman Ted van Arkel said that Nick is a highly qualified retailer with
extensive international experience and the skills required to drive
profitable growth for TWG from the strong foundations that have been built.
Nick's experience in both physical stores and online is very relevant to the
current growth trends in retailing.
Mark Powell will continue in the role of Group CEO until early 2016 to ensure
a seamless transition of the Group CEO role.
ENDS
Contact details: Ted Van Arkel, Chair, contact via Julia Morton on +64 (0)21
875 388 or [email protected]
End CA:00272314 For:WHS Type:OFFICE Time:2015-10-27 09:08:42
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
