Debenhams executive chair Terry Duddy will step down next month as its owners prepare to appoint a new chief executive.
The embattled department store chain will name turnaround specialist Stefaan Vansteenkiste as its new boss later today, according to Sky News.
Vansteenkiste was drafted in by Debenhams in April to take on the role of chief restructuring officer but is poised to take the reins from Duddy next month.
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