The Channel logo

News

By | John Oates 31st May 2007 10:07

Dixons Store Group loses head

Clare to retire in September

Dixons Store Group (DSG) is losing its long-serving chief executive John Clare.

Clare will leave the firm after the annual general meeting on 5 September. He is retiring after 22 years with the retailer, which included 13 as its chief executive.

When Clare took over as chief exec in 1994 the main brands were PC World and The Link. In 1997 he oversaw the launch of internet service provider Freeserve.

The board said it had a procedure in place to find a replacement and that an announcement could be expected shortly.

DSG chairman Sir John Collins said: "On behalf of the board, I thank John for the significant contribution he has made to DSG international, in particular in overseeing the group's development as Europe's leading specialist electrical retailer.

The DSG statement is here. ®

comment icon Read 2 comments on this article alert Send corrections

Opinion

Woman cuddles 'sly-looking' Fennec fox. Photo by Shutterstock
Cartoon of employee asking wky boss makes hium wear suspenders (while pincer through open trapdoor remains poised above his head) illustration by Cartoon resource for Shutterstock

Frank Jennings

It's not like my boss painstakingly nurtured the contacts, right?

Features

Girl and computer, photo via Shutterstock
Middle-class terror of engineering also part of problem
Nerd fail photo via Shutterstock
Shouting match
Single market vs. rest of the world