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Warehouse Chief Executive Officer to Quit This Year, Herald Says

The chief executive officer of the Warehouse Group Ltd. plans to resign this year, the New Zealand Herald reported, citing an interview with him.

Ian Morrice indicated to the company’s board last year that he would leave the discount retailer in 2011, the Auckland-based paper reported. In a regulatory statement yesterday, the Warehouse said it continued to support Morrice and was “comfortable” with his performance.

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