Debenhams CEO Rob Templeman has declared his wish to retire after eight years serving the iconic British department store. Michael Sharp, the current deputy chief executive, will assume the role of CEO from 5 September 2011.
Aerin Lauder has announced the creation of her own luxury lifestyle brand ‘Aerin’. The granddaughter of the legendary Estée Lauder will be stepping down from her position of Senior VP for the Estée Lauder brand to become its Style and Image Director, whilst remaining its global ambassador.
Woolworths Ltd , Australia's largest retail chain, said Chief Executive Michael Luscombe will retire on Sept 30 and Grant O'Brien, the firm's Chief Operating Officer for food and petrol business would succeed him.