Liberty PLC
26 April 2007
FOR IMMEDIATE RELEASE
26th April 2007
LIBERTY PLC:
LIBERTY PARTS COMPANY WITH CHIEF EXECUTIVE
Liberty Plc ('Liberty'), the iconic West End emporium, today announces that Iain
Renwick, Chief Executive, has left the Company with immediate effect. A new
Chief Executive has been identified and negotiations are at an advanced stage.
Liberty will be making a further announcement shortly.
Iain Renwick has been running the retail group for the past four and half years
and has overseen Liberty's transformation from heavy losses into near break-even
and made the store, once more, a retail destination centre noted for its cutting
edge design. During his stewardship the Company successfully launched its
Liberty of London luxury brand.
Richard Balfour-Lynn, Executive Chairman of Liberty, said: 'Iain has made a
major contribution to the current success of Liberty's retail business and has
created a fantastic team of senior executives. In future, the Company's focus
will be on the expansion of its Liberty of London luxury brand which requires a
different approach and style of leadership.'
Ends.
Contact:
Richard Balfour-Lynn, Chairman, Liberty. Tel: 020 7706 2121
Baron Phillips, Baron Phillips Associates. Tel: 020 7920 3161
This information is provided by RNS
The company news service from the London Stock Exchange