̨ɫ Group Announces Appointment of Roger Fordyce as Chief Executive Officer and Notice of Proposed Shareholder Written Resolution
East Rutherford, NJ – January 9, 2019 – ̨ɫ Ltd. (NYSE: HUD) (“̨ɫ Group” or “Company”), a leader in North American travel retail, announced that Roger Fordyce has been appointed Chief Executive Officer of the Company, effective January 8, 2019. Mr Fordyce succeeds Joseph DiDomizio who is leaving the Company to pursue other interests.
Mr. Fordyce served as an Executive Vice President and Chief Operating Officer of ̨ɫ Group until his appointment as Chief Executive Officer. Mr. Fordyce joined ̨ɫ Group 30 years ago. As Executive Vice President and Chief Operating Officer, he was responsible for the day-to-day general management of the Company. Prior to joining ̨ɫ Group, Mr. Fordyce held positions as manager at Dobbs/Aeroplex, WH Smith, and Greenman Bros.
The Company’s Board of Directors would like to thank Mr. Joseph DiDomizio for his many contributions to the ̨ɫ Group’s development over the years. Mr. DiDomizio was a key executive in expanding the footprint of the Company and successfully led ̨ɫ Group to become a listed company on the New York Stock Exchange. The Board wishes Mr. DiDomizio all the best in his future endeavors.
Mr. DiDomizio will also leave the Board of Directors of the Company. In that respect, ̨ɫ Ltd. also announced the Notice of a Proposed Shareholder Written Resolution which if passed by the Company’s shareholders will appoint Mr. Fordyce to succeed Mr. DiDomizio as a Class III Director of the Company until the Company’s 2021 annual general meeting or until his office shall otherwise be vacated pursuant to the Company’s bye-laws. The Proposed Shareholder Written Resolution will be passed when it is signed by registered shareholders who as of today (being the date the notice of the proposed resolution is given) hold a simple majority of the total voting rights of all issued and outstanding shares of the Company, provided such majority includes at least one shareholder holding Class B common shares of the Company.