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Myer chief Richard Umbers quits after third profit warning13 Feb 6:21pm

Myer chief Richard Umbers quits after third profit warning

The Guardian
Department store chairman Garry Hounsell says board is ‘impatient’ for turnaround in performance The chief executive of Myer, Richard Umbers, has stepped down, effective immediately. The struggling department store’s chairman, Garry Hounsell, has been appointed executive chairman while a search for a new CEO takes place.
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