Kate Swann will step down as ceo of WHSmith on June 30 after more than nine years, the company announced Thursday. She will be replaced by current managing director of Smith’s high street business Steve Clarke. “It is an opportune time to make a change of leadership, and I am sure that the company will continue to thrive under Steve,” Swann told the FT. She didn’t elaborate further on future plans but said she “certainly doesn’t intend to retire.” The news was announced in tandem with the release of WHSmith’s preliminary full-year results, in which pre-tax profits rose 9.7 percent […]
