Maxeda

19-4-2007

Jos Wientjes leaves Claudia Sträter

Maxeda announces that due to differences in strategy Jos Wientjes will be leaving Claudia Sträter by mutual consent.

Effective from today, Jos Wientjes will step down from his position as CEO of Claudia Sträter and will continue his career outside the group. Phil Auld will be appointed as Interim CEO of Claudia Sträter in addition to his responsibilities as CEO of M&S.

Tony DeNunzio, Executive Chairman of Maxeda: “Phil is a very experienced clothing retailer with both buying and operational expertise. Phil has worked at Marks & Spencer and the very successful George clothing brand in the UK. As CEO of M&S Phil has made significant difference in redefining the core customer, improving fashion processes and turning around business results. We wish both Phil and Jos every success for the future.”