Myer Holdings Announces Board Changes with Naylor’s Retirement

Myer Holdings Limited ( (AU:MYR) ) has provided an announcement.

Myer Holdings Limited announced the retirement of Jacquie Naylor from its Board after six years of service as an Independent Non-Executive Director. Naylor, who played a significant role in the company’s strategic decisions, particularly during the Apparel Brands acquisition, will be succeeded by Terry McCartney as Chair of the Human Resources and Remuneration Committee. This transition marks a notable shift in the company’s governance structure, potentially impacting its strategic direction and stakeholder relations.

The most recent analyst rating on (AU:MYR) stock is a Buy with a A$1.25 price target. To see the full list of analyst forecasts on Myer Holdings Limited stock, see the AU:MYR Stock Forecast page.

More about Myer Holdings Limited

Myer Holdings Limited is a prominent Australian department store group, primarily engaged in the retail industry. The company offers a wide range of products including apparel, cosmetics, homewares, and electronics, with a strong focus on fashion and lifestyle segments.

Average Trading Volume: 8,585,440

Technical Sentiment Signal: Hold

Current Market Cap: A$1.19B

Learn more about MYR stock on TipRanks’ Stock Analysis page.