Four members of Indigo’s board of directors have abruptly stepped down and the company has announced that chairman Heather Reisman will retire this summer.
1 retiring board member cites “mistreatment” as the reason for leaving, the company says
Four members of Indigo’s board of directors have abruptly stepped down and the company has announced that chairman Heather Reisman will retire this summer.
Indigo Books and Music Inc. says Frank Clegg, Howard Grosfield, Anne Marie O’Donovan and Chika Stacy Oriuwa are no longer serving on the company’s 11-member board.
In a statement, the company said Oriuwa resigned “due to her loss of confidence in the leadership of the board of directors and mistreatment.”
No reason was given for the other exits. “Indigo wishes the outgoing Directors well and thanks each of them for their contributions during their tenure on the Board of Directors,” the company said.
Company founder Heather Reisman, who was replaced as CEO last fall, will retire as executive chairman and director in August.
The company was hit by a cybersecurity incident this spring, which left the company unable to sell its products online for days. Full functionality was not restored for several weeks.
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