Boohoo non-exec director Stephen Morana to step down in July

Boohoo has said that after being associated with Boohoo.com for four years, Stephen Morana has informed the board of his intention to step down as a non-executive director of the company with effect from July 1, 2017. Morana currently chairs the company's audit committee. The company added that David Forbes, Senior Independent Director and existing member of the audit committee will assume Morana’s position from July 1. The company has also announced that Iain McDonald is joining the board as non-executive director with effect from September 1, 2017.