RCG: Hype DC CEOs resign

Company News

by Jessica Amir

RCG Corporation Limited (ASX:RCG) has announced its co-Chief Executive Officers of Hype DC have resigned effective from today.

Danny Gilbert and Cindy Gilbert both resigned, while Danny will remain as a non-executive director of the footwear and active wear company, RCG.

RCG says both Danny and Cindy played a instrumental role in building up the shoe retailer, Hype DC.

Both outgoing Co-CEOs also helped in integrating the shoe store into RCG, when it was acquired in August 2016.

Shares in RCG Corporation Limited (ASX:RCG) are currently trading about 1.9% higher at $1.075
 

Jessica Amir

Finance News Network
Jessica is a senior finance journalist and presents the Market Outlook, Market at Midday and Market Wrap. She also presents ASX company news and interviews CEOs. She joined FNN in January 2017 with six years of broadcast journalism experience. She worked as a journalist and producer with Sky News Business, ABC 1, ABC's The Business and ABC24. She also worked in regional Australia for Prime 7 and WIN News as a TV reporter. In her prior life she worked as a financial planner.