Four of the directors at Canadian retailer Indigo have stepped down. One the four, Dr. Chika Stacy Oriuwa, “indicated that she was resigning as a director because of her loss of confidence in board leadership and because of mistreatment” according to the company’s press release. No reason was given for the resignations of Frank Clegg, Howard Grosfield, or Anne Marie O’Donovan, which leaves the company with seven directors. Additionally, controlling owner Heather Reisman announced that she will retire and step down as executive chair and a director as of August 22. “The time has come for me to retire from […]
