Thorn Group (TGA) has chosen James Marshall as its new managing director.
Marshall has been with the company for the last seven years, most recently the chief operating officer for the electrical equipment and furniture rental company, and before that the general manager of Radio Rentals/Rentlo.
Marshall replaces John Hughes, who will retire at the end of June but will remain as a consultant for 12 months.
Shares in Thorn Group have fallen by more than 10% since November when the company announced a lacklustre outlook for this financial year. Thorn expects to announce its full year results on May 20.