Friday 9th February, 2024
boohoo has announced the appointment of Stephen Morana as Chief Financial Officer, starting from 19 February 2024. The leading online fashion retailer boohoo group also includes PrettyLittleThing, Nasty Gal, Karen Millen and coast.
The appointment comes after Shaun McCabe recently stepped down from his role as CFO. McCabe, the former CFO of Trainline joined the retailer in October 2020.
Stephen spent a significant part of his executive career as CFO of two founder-led, digitally disruptive businesses, Betfair and Zoopla, both of which he led through IPO and helped to create significant shareholder value. A former non-executive director at boohoo from 2014-2017.
Stephen has also been a Non-Executive director at Entain, the FTSE100 group, and at boohoo. His most recent executive position was at Cazoo plc.
The retailer had previously been in the news after issuing a profit warning in 2022 and reports of "very serious issues" in its supply chain, including human rights abuses and unethical sourcing leading to reports of illegally low wages.