Michael Hill CEO Resigns



Chief financial officer Phil Taylor has been appointed interim CEO while the company searches for a replacement

Mike Parsell (pictured), the longtime CEO of Michael Hill International who helped grow it from a regional chain into an international presence, has resigned after 16 years in the top job.

The chain currently has 10 stores in the United States.

The company did not give any explanation for the sudden changing of the guard, but in a statement Parsell said, “I feel now is a good time for a change in leadership, as the business is performing well and has a stable and experienced leadership team.”

Chief financial officer Phil Taylor has been appointed interim CEO while the company searches for a replacement.

According to company chair Emma Hill, “Mike’s contribution cannot be overstated. When he joined the company in our first store in Whangarei, none of us could have imagined what we would collectively achieve over the next 34 years. When Mike joined we had just three stores in New Zealand, and we now have more than 300 stores across Australia, Canada, New Zealand, and the United States, and are now rolling out the Emma & Roe brand. These are achievements of which Mike can be truly proud.”

(Photo courtesy of Michael Hill)

JCK News Director