Premier Investments Limited announced that Mark McInnes, Executive Director of Premier Investments Limited (Premier) and CEO of Premier Retail, has advised the Premier Board of his decision to step down. At the completion of his 12-month notice period, Mr. McInnes will have been in his role for over 10 years. Mr. McInnes is subject to a 12-month notice period. In addition, Premier has the option to restrain Mr. McInnes from engaging in specified retail related activities for a further two-year period.