Shoe Zone PLC - Leicester, England-based footwear seller - Chief Executive Officer Anthony Smith steps down from the board ‘to increase his focus on the day to day running of the business’. Company says he has the directors’ ‘full support’ in this decision. Smith will remain as a director of operating subsidiary Shoe Zone Retail Ltd. Smith has worked at Shoe Zone since 1993. He joined the board as retail director in 1996 before his promotion to CEO in 1997. He temporarily switched to serve as chair from 2016 to 2019, before resuming the CEO role. His brother Charles Smith remains as chair.

Current stock price: 203.50 pence, up 0.5% on Tuesday

12-month change: down 14%

Copyright 2024 Alliance News Ltd. All Rights Reserved.