CLS - Clicks Group Limited - Resignation of executive director
CLS
CLS
CLS - Clicks Group Limited - Resignation of executive director
Clicks Group Limited
(Incorporated in the Republic of South Africa)
Registration number 1996/000645/06
JSE share code: CLS
ISIN: ZAE000134854
("Clicks Group" or "the group")
RESIGNATION OF EXECUTIVE DIRECTOR
Clicks Group advises that Michael Harvey, an executive director of the
group and managing director of Clicks, has resigned.
Michael has been with the group for over 23 years and was appointed as an
executive director in April 2006. His resignation is with immediate effect.
David Kneale, Chief Executive Officer, commented: "Mike has made a
significant contribution to the group, particularly in the past seven years
as managing director of Clicks. He led the chain`s successful entry into
retail pharmacy, entrenching Clicks as the country`s leading health and
beauty retailer.
"Mike and I agreed that the time is right for a change as the business
moves forward to its next growth phase. We wish him every success in the
future."
Until such time as a new managing director is appointed, David Kneale will
take over the leadership of the Clicks chain and the Clicks operating board
will report directly to him.
The recruitment process will target both local and international retail
executives and will enable the group to further strengthen its succession
pipeline.
Cape Town
13 June 2012
Sponsor
Investec Bank Limited
Date: 13/06/2012 10:01:40 Produced by the JSE SENS Department.
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