THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
Department Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Retail Events
People in Retail Awards 2024
Retail HR Central 2024
The Future of The High Street 2024
Retail HR Summit
THE Retail Conference
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Matalan chief executive steps down

Paul Mason to leave discount fashion retailer March 18 2003 Matalan chief executive Paul Mason has resigned from the board of the discount fashion retailer with… View Article

GENERAL MERCHANDISE NEWS

Matalan chief executive steps down

Paul Mason to leave discount fashion retailer
March 18 2003
Matalan chief executive Paul Mason has resigned from the board of the discount fashion retailer with immediate effect.

Mason, former president of Asda Wal-Mart UK, joined the business just last year in a high profile appointment by executive chairman John Hargreaves. Retail director Andy Clarke is also departing.
A Matalan spokesperson told news agency Reuters that the disagreement between Mason and Hargreaves was about “management style, not strategy.” Mason replaced Angus Monro, now chief executive of rival UK discounter Poundstretcher.
John King, currently trading director of Matalan Retail and chief executive of the Matalan-owned Lee Cooper brand, takes over as group chief executive of Matalan PLC. King joined Matalan in February 2002 from Delta US.
Hargreaves said: “The Board would like to thank Paul Mason and Andy Clarke for their contributions to Matalan. Paul has large company management experience and has recruited an outstanding team to take Matalan forward to its next level of development.
“The group’s strategy remains focused on the development of the business around a simple retail formula which offers customers outstanding value for money within a low cost operating structure.
“The Board is confident that we have a committed management team with the experience and skills to drive the business forward successfully.”

Subscribe For Retail News