Mark Powell to depart Warehouse by Feb 2016 after 4 years

Mon, 30 Mar 2015

By Jonathan Underhill March 30 (BusinessDesk) - Mark Powell will step down as chief executive of Warehouse Group by February 2016 after 14 years, the last four as chief executive that saw him revamp the retailer's so-called 'Red Sheds' and steer its online strategy. Auckland-based Warehouse will now embark on a search for a new CEO, in what it says will be an orderly succession. Powell has overseen a $100 million 'refresh' programme for the Warehouse stores that the company says has delivered 17 quarters of sales growth. He also led th...

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