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APS Stock Sale

HSS looks for new CEO

13. April 2017 | Comments (2)

HSS has announced that has started the search for a new chief executive to replace John Gill who is leaving the company after eight years with the company- 18 months as chief executive. The move follows further losses in 2016, in spite of higher revenues.See Losses mount at HSS

Chairman Alan Peterson said: “As CEO from September 2015 he has led the company through a period of significant change as we implemented our new operating model. With this work now largely complete, the focus shifts to driving sales growth through the new network and the board believes it is the right time to look outside the business for a new chief executive who can lead this next phase of our recovery.”

Since its 2015 initial public offering, HSS has issued a string of profit warnings as its share price has plummeted by more than 70 percent.


John Gill
John Gill
Isoli

Comments

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Lifterman
21. April 2017 21:56

If they are doing that well, they could always starting paying suppliers quicker. The fast red company seem to be doing Ok

Woody
13. April 2017 20:05

It's all smoke and mirrors. HSS are doing well and will continue to, so long as they don't replace John with any ex-CEO's from Hewden or the fast red hire company :-(

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