- Dusk Group’s (DSK) CEO and Managing Director, Peter King, is stepping down after nearly a decade of leadership
- Mr King will resign from the position in August 2023, having first taken up the management role in 2014
- Dusk Chairman John Joyce says the home fragrance company has been “transformed” under Mr King’s direction
- Mr King plans to do a complete handover to his successor once they have been appointed, with the search for a new CEO now underway
- Dusk Group shares are down 1.93 per cent to $2.03 at 10:54 am AEDT
Dusk Group’s (DSK) CEO and Managing Director, Peter King, is stepping down after nearly a decade of leadership.
Mr King on Wednesday morning announced he would resign from the position in August 2023, having first taken up the leadership job in 2014.
Dusk Chairman John Joyce said the home fragrance company had been “transformed” under Mr King’s direction, describing him as a “team and company first” leader.
“Peter has built an outstanding executive team, dramatically grown our revenues and earnings, driven the omnichannel transformation strategy, and led the IPO in 2020,” Mr Joyce said.
“He will leave the business in excellent shape.”
Mr King plans to do an ample handover to his successor once they have been appointed.
“Having just completed my ninth Christmas as CEO of dusk, I believe now is the right time for someone else to take the company forward,” Mr King said.
“Dusk’s culture is deeply rooted in our commitment to delight our customers with affordable everyday luxury.
“I am focused on closing out FY23 strongly and will work closely with the board to identify an outstanding future leader for the company.”
A search is now underway for a new CEO.
Dusk Group shares were down 1.93 per cent to $2.03 at 10:54 am AEDT.