Superdry appoints former M&S and New Look CFOs to the board
Superdry has appointed the former chief financial officers of Marks & Spencer and New Look to its board with effect from 11 July.
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The fashion group has appointed Helen Weir, who was CFO of M&S from 2015 to 2018 and CFO of John Lewis Partnership from 2012 to 2015. Weir has also held senior finance roles at Lloyds Banking Group and B&Q owner Kingfisher.
The company has also appointed Alastair Miller to its board. Miller was CFO of New Look from 2000 to 2014. Since then, he has worked as a retail consultant and served as senior independent director on the board of NewRiver.
Chairman Peter Williams said: "I am delighted to welcome Helen and Alastair to the board of Superdry. Since becoming chairman in April it has been a priority of mine to restore the board to full strength and these appointments are a big step in that direction.
"Both Helen and Alastair have extensive relevant experience in the retail sector and have served as CFOs of major listed companies. As such I am sure they will both prove excellent additions to the board as Superdry embarks on its turnaround.
"We continue to search for an additional two non-executive directors and will make further announcements in due course."
Independent retail analyst Nick Bubb said: "Not everyone was pleased when Julian Dunkerton was voted back onto the board of the struggling Superdry by shareholders back in April, not least all the previous non-exec directors. So, the new chairman, Peter Williams, has done well to replace them today with two non-exec heavyweights."
At 0900 BST, the shares were up 0.7% at 444.60p.