The Reject Shop Limited announced that CEO Ross Sudano will leave the business in the near term. An executive search process has been commenced to find a replacement Chief Executive Officer to lead the business in its next phase of growth. TRS also announced the appointment of two new directors to its board Mr. Steven Fisher, who will join the board as an independent, non-executive Director and Mr. Zac Midalia who will join the board as a representative of the company's major shareholder, Allensford /Kin Group.

Mr. Fisher is currently Non-Executive Chairman of Breville Group and former chief executive of the Voyager Group. Both appointments will take effect from 14 June, 2019 and will complete a period of significant renewal at board level. Upon appointment of the two new Directors the company will have a six- member board, four of whom have been appointed in the last nine months.