Tony Balfour to retire from The Warehouse Group board

Tony Balfour to retire from The Warehouse Group board
Tony Balfour. (Image: Supplied)
Staff reporters
The Warehouse Group director, Tony Balfour, will stand down after 12 years on the retailer's board.In a statement to the New Zealand Exchange (NZX) on Tuesday, the company said Balfour would not seek reelection at its annual shareholders' meeting in November.His departure comes after the group reported its first annual loss in 42 years in late September.Chair Joan Withers said Balfour brought extensive global retail, marketing, and e-commerce capabilities and excelled as chair of the people and remuneration committee. "His unw...