Heather Riesman, founder of popular Canadian retailer Indigo, announced on August 22 that she was stepping down as chairman and director of the company.
“It’s time to retire from my active role at Indigo,” Riesman said in a statement. statement on wednesday. “Determining when to move on is one of the hardest decisions a founder has to make, but I know now is the right moment for me.”
Riesman also said he strongly believes that Indigo is the best in the business and will stand behind the company it has spent 25 years building.
However, following her decision, four other members of Indigo’s board also said they were stepping down from their roles. This includes Dr. Chica Stacey Oliuwa, Anne-Marie O’Donovan, Howard Grossfield and Frank Clegg.
Dr. Oraiuwa said he resigned due to a lack of confidence in the board’s leadership and abuse. The former director did not elaborate on what kind of abuse this was.
The Daily Hive has contacted Dr. Oriuwa and will update this article if we hear back from her.
Health Canada recalled thousands of items sold at Indigo earlier this year. The chain was also targeted in February in a cybersecurity attack that paralyzed its website for more than a week.