N Brown Chairman Andrew Higginson steps down

N Brown Group has announced that after serving nearly five years as Chairman, Andrew Higginson has informed the N Brown Board that he intends to step down in order to pursue opportunities in private equity. The company also said that Senior Independent Director Ron McMillan is leading the process to identify and appoint a new chairman and Higginson will remain in the position during the search for his replacement, and through the handover period.