The board of Truworths International advised in August 2014 that Michael Mark, who has served the Group as CEO for 23 years, had decided not to renew his contract which expires at the end of June 2015. The board had embarked on a CEO succession process using international search consultants and is delighted to advise that Jean-Christophe Garbino has been appointed Chief Executive Officer of the group with effect from March 01, 2015. Jean-Christophe is the 45 year old CEO of the prominent Kiabi fashion retail group in France having been in its employ since 1992.

Jean-Christophe will work closely with Michael, who will continue in his role as the Group's CEO and support the transition process for as long as is necessary. It is envisaged that Michael will continue to serve on the Truworths International Ltd. board after his retirement as CEO.