John Browett, who has been battling to turn around the struggling Dixons Retail empire, is to quit the company to become Senior Vice President of Retail operations at Apple, the US consumer electronics giant.
The owner of the PC World and Currys chains said Browett will be succeeded by Sebastian James, who will join the group board on February 20th, the same day Browett steps down from the board. Browett will leave Dixons on April 20th following a hand-over period.
More to follow ...
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
jh
-
RICS: Housing market subdued in May but outlook brightens as sales stabiliseThe property market lost momentum after April’s stamp duty hike, but sentiment is improving
-
The most underrated places to buy a home in the UKHouse prices tend to be sky-high in some of the most desirable parts of the UK. We look at ten underrated areas which boast great amenities without an outsized price tag.
