The shareholders of Mr. Price Group Limited announced that Stuart Bird, who has been Chief Executive Officer (CEO) of the Group since August 2010 and an executive director since September 2006, will be retiring as CEO on 31 December 2018 and as an executive director at the end of March 2019, shortly before turning 60 years of age, as has been anticipated by the Group's board of directors. After a thorough succession process the Board has appointed Mark Blair currently Group Chief Financial Officer (CFO), as the incoming CEO, effective 1 January 2019. Mark joined the Group as an executive director in 2006 and has held the office of CFO since 2007.