Adds COO appointment, particulars on chairman's exit, background
Adds COO appointment, particulars on chairman’s exit, background
Dec 16 (Reuters) – British vogue retailer Superdry SDRY.L mentioned on Wednesday its co-founder and interim Chief Govt Officer Julian Dunkerton would take the highest job on a everlasting foundation and appointed trade veteran Silvana Bonello as its chief working officer.
Dunkerton, Superdry’s largest shareholder with a 20.3% stake, rejoined the corporate’s board in April final 12 months after narrowly successful a shareholder vote, prompting the prevailing administrators, together with then CEO Euan Sutherland, to resign en masse.
The corporate, recognized for its hoodies and jackets that includes Japanese textual content, is making an attempt a turnaround beneath Dunkerton who based the agency in 2003 together with James Holder, however left in 2018 as a result of he couldn’t “put his title to the technique”.
Bonello, who will be a part of the corporate in March, spent 18 years at Nike NKE.N and was most just lately the VP of operations for Vans EMEA.
The corporate additionally mentioned Chairman Peter Williams could be stepping down subsequent 12 months, after lower than two years within the position, as soon as a successor is appointed.
His exit comes after the departure of Chief Monetary Officer Nick Gresham, who stepped down in October, after solely 16 months within the position.
“With the seek for a brand new CFO nicely superior, the finished govt staff might be in place early subsequent 12 months and so 2021 is an acceptable time for me to step down,” Williams mentioned.
Dunkerton’s appointment replaces his interim contract, which was on account of expire in April 2021, Superdry mentioned.
(Reporting by Tanishaa Nadkar in Bengaluru; Modifying by Aditya Soni)
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