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Director Appointments

AO World COO takes over as CEO

23 February 2017 08:45

AO World chief operating officer Steve Caunce is taking over as chief executive from John Roberts who is moving to a new role on the board as founder, executive director.

Caunce will lead the company as CEO, accountable for strategy and performance delivery while Roberts will focus on innovation and inspiring AO's people.

Both will continue to be responsible for maintaining and developing AO's unique culture.

AO said this transition in management roles reflected the group's rapid growth and success and the board's succession planning work since IPO.

At 8:45am: (LON:AO.) AO World share price was -3.55p at 148.05p

Story provided by StockMarketWire.com

Related Company: AO.

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