Beauty brand CEO resigns after profit downgrade, share crash
Sue MitchellColumnist
The chief executive of McPherson's, which sells the Manicare, Lady Jayne, Dr. LeWinn's, A'kin and Multix brands, has resigned days after the company withdrew its profit guidance and the share price crashed.
Laurie McAllister, who took the helm in 2016 from Paul Maguire, resigned with immediate effect on Wednesday.
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Sue Mitchell writes the fortnightly Window Shopping column for the Financial Review and has covered retailing for over 30 years. Connect with Sue on Twitter. Email Sue at smitchell2045@gmail.com
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