David Jones Limited
(ASX:DJS) Chief executive Paul Zahra is stepping down from his role, citing personal reasons.
Mr Zahra will remain at the helm, with the board's support, until a successor is chosen.
His shock resignation comes only three years and four months after he replaced Mark McInnes following high-profile sexual harassment claims.
David Jones chairman Peter Mason said Mr Zahra would leave the retailer in a solid financial position.
But some analysts say the move will likely disrupt the business, which last year began a future strategic direction plan to cut costs.
David Jones generated a net profit of $95.2 million in fiscal 2013.
