AUSTRALIA: Myer Grace Boss Quits As Eck Appoints Flick
The sudden resignation of Terry McCartney, the head of the Myer Grace department-store division, has upset succession plans at Australian retailing giant, Coles Myer. McCartney, who resigned yesterday, had been instrumental in managing the recovery in earnings at the Myer Grace Brothers department store and had been considered a strong contender for Eck's position at the end of his fixed-term appointment in two years.
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