Superdry PLC Directorate Change (6897O)
February 11 2021 - 1:00AM
UK Regulatory
TIDMSDRY
RNS Number : 6897O
Superdry PLC
11 February 2021
Superdry Plc
Appointment of Chief Financial Officer
This announcement contains inside information
Superdry is pleased to announce the appointment of Shaun Wills
as Chief Financial Officer ('CFO').
Shaun is currently Finance Director for Clothing & Home at
Marks & Spencer, a position he has held since April 2018. In
this role he has financial accountability for M&S's
GBP3.5bn-turnover non-food business, and has played a key part in
developing and implementing the transformation strategy for that
part of the business.
Prior to joining M&S, Shaun has held a series of senior
finance and operational roles in a number of major retail
businesses over a 30-year career in the sector. This includes
having previously served as CFO of Superdry (then called
SuperGroup) for three years from 2012 to 2015.
Shaun will join the Superdry Board as an executive director at
the end of April. Benedict Smith will remain as Interim CFO over
the coming months to ensure an orderly handover between himself and
Shaun. Details of Shaun's remuneration package, which is in line
with the shareholder approved Remuneration Policy, will be set out
in the next Directors' Remuneration Report.
Julian Dunkerton, Chief Executive Officer of Superdry, said:
'After a thorough process to identify a new CFO, led by our
independent director Alastair Miller, Shaun emerged as the
outstanding candidate for the role. Over the past three years, he
has gained experience as a finance director at the very highest
level in retail at M&S, and he knows our brand and business
well. This will be invaluable as we emerge from the challenges of
Covid and accelerate the reset of Superdry.'
Shaun Wills said:
'I am delighted to be returning to Superdry, a world class brand
which I am really passionate about. This is a great opportunity to
work with the Board, Julian and all the team to accelerate the
reset of the business and restore Superdry to its rightful position
as a leading global brand.'
For further information:
Superdry
Ruth Daniels ruth.daniels@superdry.com 44 (0) 1242 586747
Adam Smith adamj.smith@superdry.com 44 (0) 1242 586747
Media enquiries
Tim Danaher, Imran Jina superdry@brunswickgroup.com 44 (0) 207 404 5959
Notes to Editors
The Superdry brand is obsessed with design, quality and fit and
committed to relentless innovation. We design affordable, premium
quality clothing, accessories and footwear which are sold around
the world. We have a unique purpose to help our consumers feel
amazing through wearing our clothes. We have a clear strategy for
delivering continued growth via a disruptive multi-channel approach
combining Ecommerce, Wholesale and physical stores. We operate in
61 countries and have over 4,100 colleagues globally.
The following set out disclosures made in respect of Shaun's
appointment under Listing Rule 9.6.13 . As part of a group-wide
restructuring exercise in relation to the Jacques Vert group of
companies, Shaun was an executive director of the following
companies that went into members' voluntary liquidation processes
either whilst he was a director or within 12 months of his ceasing
to be a director: Cloud Nine London Limited, Jacques Vert Brands
Ltd, Planet Fashions Ltd, Richard I. Racke Ltd, West Auk No. 25
Ltd, Matthew Royce Software Ltd and William Baird Industrial Ltd.
Shaun was also a director of the following companies that went into
administration either whilst he was a director or within 12 months
of his ceasing to be a director: Style Group Brands Limited
(formerly Jacques Vert Group Limited), Calverton Brands Ltd and
Style Investment IPR Ltd.
Cautionary statement
This announcement contains certain forward-looking statements
with respect to the financial condition and operational results of
Superdry Plc. These statements and forecasts involve risk,
uncertainty and assumptions because they relate to events and
depend upon circumstances that will occur in the future. There are
a number of factors that could cause actual results or developments
to differ materially from those expressed or implied by these
forward-looking statements. These forward-looking statements are
made only as at the date of this announcement. Nothing in this
announcement should be construed as a profit forecast. Except as
required by law, Superdry Plc has no obligation to update the
forward-looking statements or to correct any inaccuracies
therein.
The information contained within this announcement is deemed to
constitute inside information as stipulated under the Market Abuse
Regulations (EU) No. 596/2014. Upon the publication of this
announcement, this inside information is now considered to be in
the public domain. The person responsible for this announcement on
behalf of Superdry is Ruth Daniels, Group General Counsel and
Company Secretary of Superdry.
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