Partner Article

Johnson Services Group reduce debts and wave in new CEO

Preston Brook-based dry cleaning group, Johnson Services say they expect to reduce debts to below £25 million as they approach their full year results and has appointed a new CEO.

Chris Sander will take up the role of CEO immediately, having been with the Group since 1984.

He has been managing director of the Group’s Textile Rental business since 2008 and assumed responsibility for the dry cleaning business as part of the combined Textile Services division in 2012.

The firm have also announced that John Talbot remains as executive chairman but will stand down at the end of April 2014.

John is credited with transforming the Group since his first involvement with them in 2007, leading the Board to refocus the business on Textile Services whilst significantly reducing debt and strengthening the balance sheet.

This was posted in Bdaily's Members' News section by Tom Keighley .