Manju Malhotra Out as CEO at Harvey Nichols, Owner’s Son Pearson Poon Steps In as Vice Chair

Malhotra has been part of the business for 25 years.

“On behalf of the Board, I want to thank Manju for her loyalty over the years and leadership since becoming CEO. Manju has been instrumental in driving the business through unprecedented times and laid out strong foundations which we will continue to build on for the future,” said Poon in a statement.

In 2018, she was promoted to co-COO alongside Daniela Rinaldi, who stepped down from her role in November 2019. Malhotra was praised by Pearson, where he said she “demonstrated great commitment towards the brand.” Gross margin jumped almost 10 percent to 47.1 percent from 37.3 percent. The company said the increase in turnover and margin rate was boosted by “business reopening and ongoing discipline on costs.”

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