Press release
Further to the announcement on 26 June 2008 of Sir John Collins' intention to retire at the Group's AGM on 2nd September 2009, DSG international plc is delighted to announce that John Allan will be taking over as Chairman on that date.
John has held senior roles in a number of blue-chip international businesses in a career that has spanned marketing and finance as well as general management. John is currently Chief Financial Officer of Deutsche Post World Net from which he will retire in June 2009. He was previously the Management Board Member in charge of the group's Corporate Division LOGISTICS.
His appointment followed Deutsche Post World Net's acquisition of Exel plc in December 2005, where he had been Chief Executive Officer. Prior to that John pursued a successful career in marketing and management, working at Lever Brothers, Bristol-Myers, Fine Fare Limited and BET plc.
It is expected that John Allan will join the Board of DSGi as a non-executive Director ahead of his appointment as Chairman to provide a suitable handover period. A further announcement on the starting date will be made as soon as possible.
Andrew Lynch, Senior Non-Executive Director commented on the appointment. "I am very pleased that John has agreed to join DSG international as our new Chairman. John is a highly-regarded executive with a strong track record. He brings to the Group a wealth of large multinational company experience from areas including marketing, service, and corporate management, and I know he will make a valuable contribution."
John Allan said: "I am delighted to be joining DSG international at this important time in its development. The Group has many challenges as well as significant opportunities under the Renewal and Transformation plan. I am looking forward to renewing my involvement in retail and being part of the business as it continues to execute this plan and improve its offering for customers."
