The Reject Shop announced the appointment of Clinton Cahn as its new Chief Executive Officer on and from 24 August 2023. Clinton has been the Acting CEO since 1 February 2023 and also fulfilled the role for a short period in 2022. Clinton has been the Company's Chief Financial Officer for over three years and he will continue to hold that role while also undertaking the duties of CEO.

The Company will commence a search for a new CFO. Since joining the Company in March 2020, Clinton has been actively involved in all aspects of the Company's turnaround, including strategy, operations and culture. Clinton is an experienced executive and leader who has brought stability throughout the Company's turnaround and has played a key role in strengthening the Company's financial position and planning for future growth.

The board selected Clinton having regard to his track record as a leader over the past three years as well as his relevant experience, skill and knowledge necessary to implement the Company's growth strategy, further develop the Company's culture and create value for customers and shareholders.