Michael Hill International has hired Daniel Bracken as its new CEO, replacing Phil Taylor, who is stepping down due to health issues.
Bracken is currently the CEO of Australian retailer Specialty Fashion Group, a position he has held since February. Previously, he was deputy CEO of the Myer department-store chain.
“Daniel’s global experience and strong commitment to create engaged customer-centric brands is aligned with the board’s commitment to see Michael Hill become a globally relevant leader in the premium-jewelry category,” Emma Hill, chair of Michael Hill International said. “We are confident Daniel is the right candidate to successfully lead the company against the backdrop of a rapidly changing retail environment.”
Taylor, who has been with Michael Hill for more than 30 years, became CEO in 2017. He will remain with the jeweler for six months in a consultancy position.
Bracken will officially begin in his new role on November 15.
Image: Daniel Bracken.