Marchpole reshuffles board & management for robust structure
29 Mar '06
2 min read
Board of Marchpole Holdings plc, the fast growing fashion brand management group, announces that following the recent completion of its acquisition of Moda America LLC, it has made the following strategic changes to reflect its new multi brand international structure. All changes take place with immediate effect.
Michael Morris, currently Executive Director and founder of Marchpole with more than 30 years' experience within the fashion clothing industry, is appointed Executive Deputy Chairman and will assume overall senior executive responsibilities.
John Harrison, director and full-time Acting Finance Director since October 2005, is appointed executive Group Finance Director on a permanent basis.
Chief executive Greg Tufnell has resigned to pursue other business interests.
Deloitte is appointed as Group worldwide auditors.
Bell Pottinger Corporate & Financial is appointed as global Group Financial PR adviser.
Trading continues in line with market expectations and the Board views the outlook for the Group with confidence.
Non-Executive Chairman Christopher Phillips commented that the changes announced today reflect the fundamental strategic developments that have taken place within the Group over the last two years.
Now with significant operations in the UK, mainland Europe, Asia and the USA for a wide range of fashion brands, Marchpole has evolved from being a single brand, single country business to a diversified multi-brand international business with strong growth potential.
marketing@alchempro.com
