Moss Bros chairman steps down
- Published: 20 June 2008 09:45
- Author: Laura Weir
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- Last Updated: 20 June 2008 15:30
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Moss Bros chairman Keith Hamill has retired today.
Hamill was scheduled to retire from Moss Bros in April but stayed on until this week amidst the due diligence and preliminary bid talks with investment group Baugur. However Baugur scrapped its plans to make a formal offer for Moss Bros in May.
Hamill retires after more than seven years at Moss Bros. He joined the business at the end of 2000 as non-executive director and was made chairman five months later in May 2001.
Hamill has weathered some tough storms during his time as chairman of Moss Bros including a prolonged period of uncertainty following serial stake building by entrepreneurs Shami Ahmed and Kevin Stanford in the early 2000s.
He was also in the hot seat at Moss when the supermarkets began encroaching on its core tailoring business with the introduction of value suits which retailed for under £50.
Moss Bros said that it would make an announcement about a new chairman in due course. Former Littlewoods chief executive Barry Gibson has been linked the role but he is thought to have turned it down.
