Original article by Sue Mitchell
The Australian Financial Review – Page: 1 & 11 : 3-Mar-15
Shares in Myer Holdings shed 11 per cent to close at $A1.1655 on 2 March 2015 following the resignation of CEO Bernie Brookes. He will be succeeded by former Woolworths executive Richard Umbers, while Daniel Bracken has been appointed deputy CEO. Umbers was previously Myers’ chief information and supply chain officer. He says the new management team will adopt a customer-centric focus and look at the type of customers Myer has now and people who are likely to be customers in the future. Myer CFO Mark Ashby has also resigned
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