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David Jones CEO Iain Nairn Steps Down From Role

David Jones CEO Iain Nairn Steps Down From RoleWoolworths Holdings, the South African owner of David Jones, has advised that Nairn is resigning for personal reasons, with John Dixon, who joins from UK retailer Marks & Spencer, to take on the role.

Woolworths advised that Nairn, who has lead the business for the last 14 months, has agreed to stay on for a period of three months, working with the business “in an advisory capacity to ensure a seamless handover”.

Nairn had been originally appointed to the role in August last year, taking over from outgoing chief executive Paul Zahra, whose exit followed Woolworths’ acquisition of David Jones.

“Over the past three years Iain has made a significant contribution to our Australian businesses, initially as CEO of Country Road Group and more recently as CEO of David Jones,” Woolworths CEO Ian Moir stated.

“I would like to extend my warmest thanks to Iain for his leadership during this time, particularly in stewarding David Jones during the last 14 months.”

Dixon started his career at Marks & Spencer in 1986, joining the board in 2009 as director of foods, before being appointed director of general merchandise.

“John is a world-class retailer who brings with him a powerful combination of international food and fashion expertise, supported by large-scale retail systems and management experience,” Moir commented on the appointment of Dixon.

Dixon stated that it is a privilege to take on the role, stating that he is looking forward to the challenge.