Warehouse Chief Executive Officer to Quit This Year, Herald Says

Jan. 18 (Bloomberg) -- 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.

To contact the reporters on this story: Chris Bourke in Wellington at cbourke4@bloomberg.net

To contact the editor responsible for this story: Iain Wilson iwilson2@bloomberg.net