Pacific Brands has confirmed that Sue Morphet will step down from her role as Chief Executive Officer, to be replaced by John Pollaers at the beginning of September.


Pacific Brands Chairman Peter Bush thanked Ms Morphet for her five years of service, lauding her driving of the company’s transformational restructuring.


“Sue has taken the business from having well over 300 brands and a significant debt load to being the consolidated, key brand‐focused, comparatively low-debt company it is today,” Mr Bush said.


Mr Bush paid tribute to Ms Morphet’s ability in ‘making the difficult but necessary changes’ to the company.


Ms Morphet said that the time had come for a ‘fresh set of eyes’ to take the company forward, thanking the board for their support as Mr Pollaers comes into the role.


Mr Bush said the Board was excited to being Mr Pollaers into the role, saying his significant executive experience will help the company drive future performance of the business.


“John brings a different set of skills and experience to the company. He joins us an experienced public company CEO, having had a distinguished 22 year track record in international consumer products,” Mr Bush concluded.