The Toronto-based retailer says four of 10 directors have stepped down , with one citing loss of confidence in the board’s leadership
has seen an exodus of nearly half of its board of directors – with one departing member saying she has lost confidence in the board’s leadership – and has also announced that company founder Heather Reisman will retire later this summer.
Indigo founder Heather Reisman has served as executive chair of the board since last September, when she, promoting Peter Ruis to the top job. On Wednesday, Indigo announced Ms. Reisman plans to retire from the board on Aug. 22. Indigo did not announce who will serve as the new executive chair. Robert Haft is currently the board’s lead director.
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