Eve Sleep names Loaf boss as next CFO

Online mattress retailer Eve Sleep has named Tim Parfitt as its new chief financial officer, replacing Abid Ismail, whose departure was announced back in March.

Parfitt, who has been CFO of omni-channel furniture retailer Loaf for the last six years, watching over the company's transition from an early stage start-up to a sizeable business, will take up the role on 17 June.

Chief executive James Sturrock said: "Tim's relevant experience and proven track record will add further momentum and support to Eve's rebuild strategy and focus on profitability. His appointment as CFO completes the new management line-up.

"While the rebuild strategy remains in its early stages, progress continues at pace with a strengthened management team, continuing expansion of the product range and ongoing improvements to the customer experience, underpinned by the recent fundraise."

As of 0820 BST, Eve shares had ticked up 0.18% to 5.56p.