Michael Hill to step down from jewellery chain; cuts dividend to fund growth

Thu, 13 Aug 2015

By Tina Morrison Aug. 14 (BusinessDesk) - The founder of the Michael Hill International jewellery business, Sir Michael Hill, is stepping down to make way for his daughter Emma Hill to succeed him as chair, as the company reduces its dividend to fund growth. Emma Hill, who first started working for the company on the shop floor 30 years ago at age 13, will step up from her deputy chair position when her father retires following the annual shareholders' meeting on Nov. 3, Brisbane-based MHI said in a statement. Emma Hill, who has a Bachelo...

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