Jewellery retailer Michael Hill has hired Daniel Bracken as its new CEO.
Bracken, a former Myer deputy chief executive, most recently took up the mantle of Specialty Fashion Group CEO in February.
He oversaw Specialty Fashion’s sale of the Katies, Millers, Crossroads, Autograph and Rivers retail brands to Noni B prior to leaving the business.
Bracken will commence working at Michael Hill on November 15 and it includes a six-month probationary period.
Bracken will replace current CEO Phil Taylor who is stepping down for health reasons. Taylor will remain with the firm in a consulting capacity for six months to help smooth the transition.
Bracken’s appointment will begin on November 15 with no fixed term and a six-month probationary period.
Current Michael Hill CEO Phil Taylor is stepping down for health reasons.
Michael Hill has recently exited its loss-making US business and closed its underperforming Emma & Roe stores to refocus on its core brand, with 10 new stores planned for Michael Hill this financial year.