Truworths announces successor to CEO Michael Mark

2014, named Jean-Christophe Garbino to succeed current CEO Michael Mark effective March 2015.

Mark‚ who has been CEO of the group for 23 years‚ has decided not to renew his contract‚ which expires in 2015.

Truworths said that Garbino was CEO of prominent French fashion retail group Kiabi and had been in its employ since 1992. He was appointed CEO in 2007 after serving as general manager of the group’s Spanish division.

“Kiabi is a fashion retail chain that sells commercially priced fashion apparel to ladies‚ men and children.

“It employs more than 7‚500 people and delivered revenue of approximately €1.5bn in its most recent reporting period‚” Truworths said in a statement.

The company said Garbino would work closely with Mark for as long as necessary to ensure a smooth transition. It said it envisaged Mark continuing to serve on the board of the company after his retirement as CEO.

Source: BDpro via I-Net Bridge

IMG_1719.JPG

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Blog at WordPress.com.

Up ↑

%d bloggers like this: