KMD Brands announces board changes
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- KMD Brands has appointed retail leader Ian Morrice as an independent non-executive director.
- Following the appointment announcement, the company's share price remained unchanged at $0.06.
- The board addition aims to support the retail group as it executes its Next Level strategy.
KMD Brands (ASX:KMD) appointed Ian Morrice as a non-executive director effective Aug. 20, adding 30 years' experience.
The leadership change follows a board renewal process announced by the outdoor retail group in May.
"We are delighted to welcome Ian to the KMD Brands Board," said KMD Brands Chair Philip Bowman.
Morrice previously served as chief executive officer for Metcash and The Warehouse Group during his career.
Following the announcement, the KMD Brands share price was unchanged at $0.06.
The company stated that the appointment will support operations as the group executes its Next Level strategy.
Morrice will hold office until the next annual shareholders' meeting, where he must stand for election.
