N Brown begins search for new CEO as Angela Spindler stands down
N Brown, parent company of Jacamo, Simply Be and JD Williams, has begun the search for a new CEO after confirming that industry veteran Angela Spindler is leaving the business at the end of the month.
The business, which specialises in plus-size and tall brands, confirmed it had asked Steve Johnson who is currently Chief Executive Officer of its Financial Services arm to assume the role of Interim Group Chief Executive Officer until a replacement for Spindler is in place.
Her departure comes at a challenging time for the group, as it revealed earlier in the summer that it was considering retreating from retail with the closure of 20 stores and repositioning itself as a global online group.
Chairman Matt Davies said it was "an appropriate time" to look for a new CEO "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," Davies continued.
Spindler, who has been in the role for five years, has a CV that includes senior positions at Coca-Cola, Mars, Asda, Debenhams and the Original Factory Shop. She said he had been "incredibly proud" to lead the business.
"Over the last five 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," she said.
Image: Phil Tragen