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    Iain McDonald Returns as Debenhams Chairman

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    Iain McDonald has been reappointed as chairman of Debenhams, replacing Tim Morris immediately. McDonald, a significant shareholder, previously served on the board from 2017 to 2026. The company aims to rebuild equity value after a successful turnaround, with shares rising 85% over the past year. New independent directors have also been appointed to strengthen the board.
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