The Board of jewellery chain Michael Hill International (ASX:MHJ) has announced that CEO Phil Taylor will step down after being diagnosed with a health issue and deciding to resign and focus on his recovery.
Daniel Bracken will take over as its new Chief Executive Officer from November this year.
He has more than 25 years of extensive experience in retail and fashion.
In his current role as Chief Executive Officer of Specialty Fashion Group, he most recently led the Company’s restructure and successful divestment of the Millers, Katies, Crossroads, Autograph and Rivers brands.
Daniel also has international luxury brand experience with Burberry in London.
Shares in Michael Hill International (ASX:MHJ) are flat at 89 cents.