Laura Ashley appoints Katharine Poulter to its Board as CEO alongside Kwan Ng stepping to Non-Executive Director

– UK, Fulham –  Laura Ashley holdings PLC (LON: ALY) today announced that Katharine Poulter, current COO, will be appointed as Executive Director and CEO with immediate effect.

Ms Poulter succeeds Kwan Ng, who will retire as Chief Executive Officer of the Company. Mr Ng will remain as Executive Director until 30 April 2020, after which time he will become a Non-Executive Director of the Board.

The Board thanks Mr Ng for his contribution as Executive Director and Chief Executive Officer during his tenure with the Company and wishes him the very best in his retirement.

About Katharine Poulter

Ms. Poulter has 25 years of retail experience with companies including Marks and Spencer plc, Home Retail Group plc, Kingfisher plc, Habitat Limited and Wilko Brands Ltd. Since joining as COO earlier this year, she has spearheaded a strategic review of the business.

For more information: https://www.lauraashley.com

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