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Posted by: Sportslink on 11/13/2017

Board shakeup as RCG becomes Accent

Board shakeup as RCG becomes Accent

Performance footwear specialist  wholesaler and retailer RCG Corporation is reshuffling its board and changing its name to Accent Group Ltd.

In a statement to the Australian Stock Exchange, the company said, “Following the acquisitions of the Accent Group in 2015 and Hype DC in 2016, RCG Corporation Limited has successfully undertaken the process of transforming itself from an investment holding company into the regional leader in the retail and distribution of performance and lifestyle footwear.

“This process has resulted in decisions to change RCG’s name to Accent Group Limited and to base the new Group CFO at the Accent headquarters in Melbourne.”

New chairman of the board is David Gordon, who joined 11 years ago, the same time as departing chairman Ivan Hammerschlag, who will retire from the board at the annual general meeting later this month.

Gordon has been a non-executive director and chairman of the Audit and Risk Committee (“ARC”) ever since.

“The board thanks Ivan Hammerschlag for his tireless effort to grow, evolve and lift the profile of RCG, and for the support and leadership he has provided to the board and executive management during his time as chairman,” says the ASX statement.

Two new board members will take up their positions at the annual meeting, subject to shareholder approval, both with extensive experience with retailer David Jones.

They are Stephen Goddard, currently a non-executive director of JB Hi-Fi Limited and GWA Group Limited and a former non-executive director and ARC chair of Pacific Brands and Surfstitch Group Limited.

Goddard will also take the role of chairman of the ARC.

Donna Player has more than 35 years’ experience in retail including senior executive positions in merchandising, planning and marketing with Big W and David Jones. She is currently a nonexecutive director of Baby Bunting Group Limited, a member of The Iconic advisory board, and Merchandise Director of Camilla, Australia.

• The company has many important brands in its rollcall, including Merrell, Saucony, Timberland, Vans, Sperry and Dr Martens, along with many brand flagship stores and the Hype DC retail chain.

Pictured: Accent Group’s New Zealand offices