Sir Philip Greens Arcadia Group has drafted two restructuring specialists on to its board as it prepares to shut stores and cut pension payments as part of a company-wide overhaul.
Jamie Drummond Smith and Peter Bloxham will join the boards of Topshop, Arcadia Group and its parent firm Taveta Investments, according to a corporate announcement that highlighted the pairs significant restructuring and governance expertise.
Both appointees have been working closely with the board as advisers in recent weeks.
Their relevant expertise will be invaluable as the group works through the current restructuring options, Arcadia said. They will also play an important role engaging with the groups key stakeholders at this critical time for the busine…
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