australian department store chain myer still keen on merger with rival david jones
Last Updated : GMT 16:17:13
Arab Today, arab today
Arab Today, arab today

Australian department store chain Myer still keen on merger with rival David Jones

Arab Today, arab today

Arab Today, arab today Australian department store chain Myer still keen on merger with rival David Jones

Sydney - XINHUA

Australia's department store chain Myer on Thursday announced it had reappointed Bernie Brookes as Myer's chief executive officer (CEO) on an open-term contract amid a push for talks on David Jones merger. Under the new contract, Brookes will continue in his role as Myer's CEO beyond the previously advised conclusion of his contract in August 2014. Brookes said he was pleased to be able to continue in his role and would be interested in leading a merged Myer-David Jones. "Should a transaction to merge Myer and David Jones be successfully completed, I can commit to presenting myself as a potential chief executive for the merged entity," he said in a statement. Myer chairman Paul McClintock said he had written an open letter again to David Jones chairman Peter Mason to call on the David Jones board to engage in discussions on a potential merger between the two department store chains. "In order to provide leadership clarity at Myer, the board has taken the view that ceasing the CEO search at this preliminary phase and reconfirming Bernie is in the best interests of Myer and its shareholders," McClintock said in a statement. "While we have made clear the selection of the CEO for any future merged entity would be a shared decision by both companies, Bernie's reappointment provides us with at least one option for that role." McClintock said Myer hopes that David Jones may come to a view that the merger of the two firms would be in the interest of both companies' shareholders. "We look forward to the opportunity to meet with David Jones in the future to discuss these matters," he said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

australian department store chain myer still keen on merger with rival david jones australian department store chain myer still keen on merger with rival david jones

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

australian department store chain myer still keen on merger with rival david jones australian department store chain myer still keen on merger with rival david jones

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Japanese regulators raid Airbnb

GMT 00:44 2017 Monday ,20 November

Japanese regulators raid Airbnb
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Saudi, Bahrain target Iran

GMT 00:48 2017 Monday ,20 November

Saudi, Bahrain target Iran
Arab Today, arab today Europe turns on Facebook, Google

GMT 02:26 2017 Monday ,20 November

Europe turns on Facebook, Google
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Driverless, electric future just round

GMT 02:45 2017 Monday ,20 November

Driverless, electric future just round
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Mona Abdel Ghany increased artistic activities

GMT 12:15 2017 Friday ,17 November

Mona Abdel Ghany increased artistic activities
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 02:28 2017 Saturday ,18 November

Anti-drug operation nets 4 tonnes

GMT 01:34 2017 Friday ,17 November

Banyan Tree Phuket Takes Festive Season

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday