Sharechat Logo

Muir checks out of the Warehouse

Friday 30th May 2003

Text too small?
Greg Muir has resigned as chief executive of the Warehouse.

His resignation came as a result of ongoing discussions in which the board and the ceo had differing philosophies regarding the direction of the company, chairman Keith Smith says.

"I would like to acknowledge Muir's contribution to the company over the past four years,' Smith says.

"During Muir's four years with The Warehouse Group the company grew from an $800 million business to a $2 billion business".

Muir said that while he had greatly enjoyed his time at the company, he had decided to resign and will finish on July 31, 2003. He expressed his confidence in the excellent management team which he has built during his four years with The Warehouse Group.

Muir said his parting with The Warehouse was amicable and that he will continue to run the business until he leaves to ensure there is a smooth transition of all operational matters.

Smith said that Warehouse founder Stephen Tindall has agreed to assume the role of acting ceo while the company undertook a
search for a replacement for Muir.

Bond Offer: Infratil Ltd, 7.2 year & 10.2 year unsecured unsubordinated bond


  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

The Warehouse Group
Warehouse FY profit jumps 61 percent on property sales, acquisitions
Warehouse firms up plans to pay more for staff with training, long service
Warehouse Red Sheds, stationery boost 3Q sales, FY guidance unchanged
Warehouse seeks better workforce with higher pay, more training
Warehouse almost doubles 1H profit on property sales, dividend beats expectations
Warehouse buys majority stake in online retailer Torpedo7 for up to $33M
Warehouse buys unprofitable Noel Leeming chain for $65M
Warehouse 1Q sales rise 1.9% as stationery leads growth
Warehouse buys Insight Traders