NZSA approves of Warehouse chair, despite non-independence
Former interim CEO John Journee has been appointed as the retailer’s next chair, replacing Joan Withers, who says the board has been through ‘crucible of pain’.
The incoming Warehouse chair’s time as interim CEO is not considered a concern for the shareholders’ association.
The New Zealand Shareholders’ Association (NZSA) is taking a positive view of The Warehouse Group’s choice of chair, despite a preference for independence.
This morning, The Warehouse disclosed that John Journee would succeed longtime chair Dame Joan Withers. Journee has held the reins of the