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Superdry appoints former CFOs from M&S and New Look

Thursday 4 July 2019

UK fashion brand Superdry has appointed former chief financial officers of Marks & Spencer and New Look to re-build the firm’s executive team.

Chairman, Peter Williams has been rebuilding the board after the return of founder Julian Dunkerton in April caused a number of directors to leave the retailer.

Helen Weir was CFO of Marks & Spencer PLC from 2015 to 2018 and prior to this she was CFO of John Lewis Partnership as well as holding top finance jobs at Lloyds and Kingfisher. Alastair Miller was CFO of New Look Group from 2000 to 2014. Since then he has worked as a retail consultant and a Director at NewRiver PLC.

Peter Williams, Chairman, 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.”

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." Hargreaves Lansdown reported.