Michael Hill appoints Andrew Lowe as appearing CEO | Australian Markets
Jewelry retailer Michael Hill has appointed an appearing chief govt following the sudden death of Daniel Bracken final week.
The 57-year-old Mr Bracken died as a consequence of an opposed response to medical remedy for an underlying situation.
The company on Thursday introduced present chief financial and provide chain officer Andrew Lowe had been appointed as interim chief govt, efficient instantly.
He joined Michael Hill’s govt crew in 2017 as chief financial officer, shortly after assuming the position of company secretary. Most not too long ago, he was promoted to chief financial and provide chain officer.
Chair Rob Fyfe mentioned following the death of Mr Bracken, the board was assured in Mr Lowe’s skill to steer the group via a period of transition.
“Andrew is well supported by a very experienced and highly effective executive leadership team, who are well equipped to deliver on our strategic priorities and execute the group’s business plan,” he mentioned.
Alongside Mr Lowe’s appointment, present director Claudia Batten has been promoted as deputy chair.
Mr Bracken joined Michael Hill in late 2018 after more than three years as chief merchandise and buyer officer and deputy CEO at Myer and three years as chief govt of Attire Group, which owns the Sportscraft, Saba and Jag labels.
Earlier than that, he spent 13 years at luxurious British fashion label Burberry.
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