Retail fit-out specialist Styles Wood is to make 15 of its 300 staff redundant and will restructure its management board in response to the downturn in its sector. The measures were taken by Ivan McKeever, chief executive (pictured), who said he had to move swiftly to "rebase" expectations after his promotion from managing director on 2 June. McKeever said: "We need to keep the business healthy while the retail sector breathes in. The new board gives us a basis from which to drive forward and be ready when the taps are turned on again," New board members include Steve Wilton, the former director of support services, who becomes chief operating officer; Andy Shaw, who moves from general manager of operations to director of store fit-outs; and Steve Ramsden, who is promoted from head of store care to director of support services.
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