Thursday, 23 February 2017

News From AO (Online Retailers)

John Roberts, the founder of Bolton-based online domestic appliances company AO World, has stepped aside as chief executive to allow its chief operating officer Steve Caunce to take over the role.Roberts, 43, set up the £600m turnover business in 2000 and retains a 26% stake. His new role will be as founder and executive director.Caunce, who holds a 12% share, will lead the company as chief executive, accountable for strategy performance and delivery, while Roberts will focus on innovation and inspiring AO’s staff