Tuesday, January 31, 2012

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Dixons Retail CEO quits to hitch Apple

Europe's second-biggest electrical goods retailer Dixons Retail stated on Tuesday it's us president was leaving the enterprise to participate earth's most important technologies corporation, Apple, as senior vice president of retail.

John Browett, who's scheduled to leave the business in April, could be replaced by group operations director Sebastian James.

James joined Dixons Retail in April 2008 possesses held quite a few CEO roles for private-equity backed ventures, was Approach Director at Mothercare, and worked for Boston Consulting Group.

The FTSE-250 company, whose British rivals incorporate Argos and Comet, also appointed Katie Bickerstaffe as CEO -- UK & Ireland.

Dixons Retail's shares, that have already gained 55 percent over the last a couple of weeks, closed at 15.24 pence on Monday over the London Wall street game, valuing the work at 551.3 million pounds.

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