Superdry taps two top finance bosses after boardroom exodus
Superdry has appointed two retail finance heavyweights to its board as it looks to restore order after an exodus of board members.
The fashion chain has appointed Helen Weir and Alastair Miller as directors, with the appointments set to take effect from 11 July.
Read more: Superdry delays results after issuing profit warning
Weir was chief financial officer at Marks & Spencer from 2015 to 2018. Prior to this she held the same role at John Lewis, as well as top finance jobs at Lloyds and Kingfisher.
Miller served as chief financial officer of New Look from 2000 until 2014.
Weir will take the role of senior independent director, while Miller will become chair of the audit committee.
“I am delighted to welcome Helen and Alastair to the board of Superdry,” said chairman Peter Williams.
“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.”
The appointments come during a turbulent time for Superdry, which reappointed founder Julian Dunkerton as chief executive in April after an acrimonious boardroom battle.
The retailer has been forced to delay the publication of its full-year results after it was left reeling from a further profit warning and a spate of management changes. The results will now be released on 10 July.
Nick Gresham, chief financial officer of sports retailer Wiggle, has served as interim finance boss for the last month following the departure of Ed Baker.
Read more: Superdry appoints interim finance chief after boardroom exodus
Former chairman Peter Bamford and remuneration committee chair Penny Hughes also stepped down after Dunkerton’s reappointment, which sparked bitter divisions in the boardroom.
Superdry said it is still looking for a further two non-executive directors and will make further announcements in due course.