Register to get free articles
Want unlimited access? View Plans
Already have an account? Sign in
N Brown has announced that Ron McMillan will be retiring as chair and stepping down from the board with effect from 30 April for personal reasons.
McMillan has been on the N Brown board for 11 years. The board has resolved to appoint Steve Johnson, following McMillan’s departure, as interim executive chair and chief executive officer until a new permanent chair is appointed.
The retailer has said that the search for a permanent chair has commenced and a further announcement will be made in due course.
In addition, Meg Lustman, independent non-executive director, will assume the role of interim chair of the nominations and governance committee until a permanent successor is appointed.
Regarding the announcement, Johnson said: “Ron has made a significant contribution as chair and has played a critical role in the transformation of this company. On behalf of the board, I would like to thank Ron for his dedication to N Brown.”
The board further announces that Vicky Mitchell, an independent non-executive director, has notified the board of her intention to step down from her position, in order to focus on other professional commitments following the conclusion of the company’s annual general meeting in July 2024.
The retailer is commencing a process to identify and appoint an additional independent non-executive director shortly and will provide an update on this process in due course.
