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Ted Baker’s non-executive director resigns

By Prachi Singh

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Ted Baker has announced the resignation of Anita Balchandani as a Non-Executive Director with effect from February 19, 2018, as she has accepted a new full-time role which does not permit her to hold any non-executive positions.

Commenting on the development, David Bernstein CBE, Chairman of Ted Baker, said in a statement: "We are sorry that Anita cannot continue with us due to her other commitments and wish her well in her new role."

The company added that Andrew Jennings has agreed to act as remuneration committee chair while the company searches for a new non-executive director.

Balchandani had joined Ted Baker in September last year while serving as a partner of OC&C Strategy Consultants, a strategy consulting firm. At the time of joining Ted Baker, she was also associated with Majestic Wine Plc, as non-executive director and chair of the remuneration committee and as non-executive director with Space NK Apothecary.

Picture:Ted Baker website

anita balchandani
Ted Baker