Sir Michael Hill has stepped down from his company to undergo cancer treatment.
Sir Michael Hill has stepped down from his company to undergo cancer treatment.
Sir Michael Hill has announced he will be stepping back from the board to undergo treatment for cancer.
Andrea Slingsby will be appointed as alternative director of the company, Michael Hill Jeweller.
The 86-year-old opened his first store in Whangārei in 1979 and now has 291 worldwide.
The founder of Michael Hill Jeweller is stepping down to undergo cancer treatment.
In a shareholder announcement today, Sir Michael Hill said he was taking a leave of absence from the company and Andrea Slingsby would be appointed as alternative director.
The company did not give a time frame forhow long Hill would be away from the role but noted Slingsby’s position on the board could be terminated by either party giving seven days notice or in line with its constitution.
Anthea Noble, Michael Hill International’s general manager of treasury and investor relations, said she was unable to provide any additional information at this time, as it pertained to a personal matter.
“And as it burned down, I grabbed a card out of my pocket and wrote down, ‘I’m gonna own my uncle’s business, or I’m going to leave him and start alone’”, he told Paula Bennett’s NZ Herald podcast Ask Me Anything.
“That happened on that night. I had no money. I had nothing but what I stood in. And here’s me suddenly making a plan.”
