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       GB00B126KH97

DEBENHAMS PLC

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Debenhams : hires headhunters as hunt for new chief exec starts

03/12/2020 | 01:13am EDT

STRUGGLING department store Debenhams has reportedly launched a search for a new chief executive as restructuring expert Stefaan Vansteenkiste prepares to step down after less than a year.

Vansteenkiste is set to leave the role within months, after taking over in August, and headhunter Spencer Stuart has been brought in to find a replacement, Sky News reported.

The restructuring expert, a managing director at turnaround firm Alvarez & Marsal, was brought in as a temporary boss to oversee the company's rescue plan.

The firm's investors are seeking an experienced retail executive.

(c) 2020 City A.M., source Newspaper

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Managers and Directors
Steven M. Cook Managing Director
Mark Anthony Gifford Chairman
Stephen Sunnucks Director
Beatrice Madeleine Lafon Non-Executive Director
Katherine Wynne Director-Investor Relations