Jane McNally to exit Jacques Vert

Womenswear retailer Jacques Vert is set to lose its deputy chief executive as Jane McNally, the former chief executive of the Irisa Group, has announced that she is set to step down from the business.

McNally, who joined Irisa as chief executive in 2008, was appointed deputy chief executive of the combined Irisa Jacques Vert business in January following the sale of both businesses to private equity house Sun European.

Following the merger of Jacques Vert and Irisa, formerly Alexon, Sun European named Paul Allen as chief executive of the combined business, which resulted in McNally assuming the role of deputy chief executive.  

In January it was announced that McNally would stay with the business to oversee the transition period, while a strategic review took place, that has now finalised and McNally has decided to step down to “explore other career opportunities”.

No formal date for McNally’s departure has been confirmed.