Mike Parsell, CEO of Michael Hill International, has announced that he will step down after 16 years with the company.
Parsell joined Michael Hill when it operated just three stores. Since then, the retailer has opened 300 international outlets and rolled out its Emma & Roe brand.
Emma Hill, the chair of Michael Hill, says that CFO Phil Taylor will act as CEO until a permanent replacement is found. Taylor joined the company in 1987 and has been CFO since 2003.
Parsell notes that now is “a good time for a change in leadership, as the business is performing well and has a stable and experienced leadership team”.
Author: Canadian Jeweller Magazine Staff
Canadian Jeweller Magazine Staff is the shared byline for reporting filed by the magazine's editorial desk. Founded in 1879, Canadian Jeweller is the longest running jewellery business publication in Canada, covering market reporting, retail strategy, watches, diamonds, coloured gemstones and the commerce of the Canadian jewellery trade. Work published under this byline is edited and verified by the Canadian Jeweller editorial team in Toronto.
