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Michael Hill Okays Phil Taylor as CEO
Mar 7, 2017 7:32 AM
By Rapaport News
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RAPAPORT... Australia-based jeweler Michael Hill has appointed Phil
Taylor as its chief executive officer, the company announced on Monday.
Taylor (pictured) had been acting CEO since August of last year, following
the exit of longstanding company head Mike Parsell.
“The board has been particularly impressed by the fresh
perspectives and decisive action that have been evident since Phil was
appointed as acting CEO, and we are excited by the potential we see for Phil to
unlock new opportunities and new streams of value for the group,” said Emma
Hill, the retailer’s chair.
Since Taylor’s promotion, the company has started a
program to grow sales in the U.S., shaking up the regional leadership team and
introducing the role of North America president. It also appointed a new head for
its recently launched Emma & Roe brand.
Taylor joined Michael Hill in 1987 and became chief
financial officer in 2003. His base salary as CEO will be $526,973 (AUD
694,400) plus performance-related cash and share bonuses, Michael Hill said.
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Tags:
Australia, Emma & Roe, Emma Hill, Michael Hill, Mike Parsell, Phil Taylor, Rapaport News
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