By Frank Prenesti
Date: Thursday 03 Sep 2020
LONDON (ShareCast) - (Sharecast News) - Watches of Switzerland chairman Dennis Millard stepped down on Thursday, telling the luxury watch chain he would not seek re-election to the board at its forthcoming annual meeting.
The company said it had started searching for a successor. Millard would stay in post until the AGM on October 14, but would be available until December 2020 to facilitate the transition to a new chair. Senior independent director Tea Colaianni has been put forward as interim chair from the close of the AGM.
Millard said: "In the two years I have chaired the company it has seamlessly and efficiently transitioned from private to public ownership, has put in place effective governance structures and has built a strong and supportive shareholder base following the highly successful IPO in June last year."
"The group has continued to grow robustly and navigated the COVID-19 lockdown with great skill, emerging stronger than ever."
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Currency | UK Pounds |
Share Price | 406.40p |
Change Today | 1.40p |
% Change | 0.35 % |
52 Week High | 756.00p |
52 Week Low | 325.00p |
Volume | 1,537,182 |
Shares Issued | 239.57m |
Market Cap | £973.61m |
RiskGrade | 202 |
Value |
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Price Trend |
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No dividends found |
Time | Volume / Share Price |
17:07 | 3,500 @ 406.40p |
16:35 | 616,253 @ 406.40p |
16:35 | 236 @ 406.40p |
16:35 | 125 @ 406.40p |
16:35 | 125 @ 406.40p |
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