Debenhams appoints turnaround expert as new CEO

Debenhams has appointed a turnaround expert to lead the business, as it prepares to close stores and rebuild performance after being put into administration earlier this year.

Debenhams appoints turnaround expert as new CEO

Debenhams has appointed a turnaround expert to lead the business, as it prepares to close stores and rebuild performance after being put into administration earlier this year.

Stefaan Vansteenkiste is to become chief executive, while chairman Terry Duddy will step down from the board in September.

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