Instore CEO quits
Angus Monro, chief executive, has resigned. He has been replaced as CEO with immediate effect by Trevor Coates.
The company said “Trevor Coates has extensive experience in retailing and the value market, in the UK and overseas. He is joining us immediately and will bring his considerable
energy and experience to Instore. We are delighted to welcome him to the Board.’
Christo Wiese, chairman of Instore, said ‘Angus has revitalised Instore over the last three years, creating a modern retail business with a trading format which has demonstrated its ability to compete in the crowded value market. With the Instore format now established, Angus has decided that this is an appropriate moment to step down as Chief Executive. We would like to thank Angus for his contribution and we wish him well for the future.
