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 01/11/2012Retail Week, Gemma Goldfingle - Dreams chairman Steve Johnson steps down  
 
 

Dreams chairman steps down

 
 As per news in Retail Week, Dreams chairman Steve Johnson has stepped down after less than a year.
Johnson, who was previously chief executive of Woolworths and Focus DIY, is understood to have exited, in part, due to a differing of views on strategy to other board members, according to The Independent.
Dreams is still locked in talks with the Royal Bank of Scotland, its main lender, to try to secure a refinancing to tackle its debt burden.
Dreams owner Exponent Private Equity and the lender have struggled to reach an agreement on the restructuring.
 
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