Hallenstein's troubleshooter resigns

Monday 9th November 2009

Roy Dillon resigned as acting chief of clothing chain operator Hallenstein Glasson Holdings having previously steered the clothing chain’s menswear division through the recession.

Dillon “has indicated he wishes to pursue other ventures, and we must accept that position,” chairman Warren Bell said in a statement today. The retailer was “extremely fortunate” to have Dillon during an “exceptionally turbulent” year for retail.

He has twice stepped up to be managing director of the retailer’s Hallenstein menswear business, first from 2002 through 2006, taking up the role again in 2007 after Glassons chief Diane Humphries resigned and Hallenstein managing director James Whiting was switched to the women’s wear brand.

In October last year, Dillon was tapped as acting CEO for the whole group after Shayne Quanchi resigned. At the time chairman Warren Bell said had a number of specific for Dillon, including `settling in’ a new manager for Hallensteins, relocating the Glassons buying office to Auckland, and Lifting the performance of Glassons Australia.

The shares fell 5 cents to $3.10 on Friday.

Businesswire.co.nz

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