Aussie retailer Myer lifts on appointing new chair

Myer Holdings

09/10/2023 24:19

** Shares of Australia's Myer Holdings  MYR.AX  rise as much
as 1.9% to A$0.53
    ** The retailer says JoAnne Stephenson will step down as
chairman after seven years with the board
    ** Current executive director, Ari Mervis, will take over as
chairman
    ** Stock has fallen 24.3% this year, as of last close

 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com;))