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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Debenhams Plc       GB00B126KH97

DEBENHAMS PLC

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Debenhams CEO loses re-election to board, to continue in role

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01/10/2019 | 01:07pm EDT
FILE PHOTO: CEO of Debenhams, Sergio Bucher, poses for a photograph inside the company's new store in Watford

(Reuters) - British department store Debenhams Plc said on Thursday Chief Executive Sergio Bucher was not re-elected to the board after two major shareholders voted against him at the general meeting.

The board and Bucher agreed that he should continue as CEO and report to the board, Debenhams said https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/DEB/13931016.html, adding that Chairman Ian Cheshire has decided to step down from his role.

(Reporting by Sangameswaran S in Bengaluru; Editing by Shailesh Kuber)


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Managers
NameTitle
Mark Anthony Gifford Chairman
Nicola Kinnaird Independent Non-Executive Director
David Alexander Robertson Adams Independent Non-Executive Director
Stephen Sunnucks Director
Beatrice Madeleine Lafon Non-Executive Director