19 Nov 2019 07:00
19 November 2019
Moss Bros Group PLC
("the Group or "the company")
Board Change
Moss Bros Group PLC is delighted to announce the appointment of Bill Adams as CFO. Bill will take over the role from Tony Bennett, who has decided to step down from the Board for personal reasons and will leave the business in February 2020. Bill will join Moss Bros in February 2020 and complete a handover with Tony.
Bill is currently the interim CFO at Ted Baker. Prior to that he was CEO at Ideal Shopping, a role he was appointed to following a period as CFO. Previously Bill held a number of senior positions including Finance Director at Argos for three years from 2013 to 2016 and Finance Director at Homebase before that. Bill is a strong commercial CFO with a successful track record in developing and delivering retail strategies.
Brian Brick, CEO, commented:
"I am delighted to welcome Bill to Moss Bros. Bill has considerable experience across a variety of different retail businesses, and will no doubt bring valuable additional insight to the business.
We have recently implemented a clear and comprehensive strategy with clarity, unity and focus in place across the business. Bill will join us at a time where we can leverage the Moss Bros brand further into new channels. I believe Bill's experience will enable him to make an immediate contribution to our future.
I would like to take this opportunity to thank Tony on behalf of all at Moss Bros for his considerable contribution and support he has given and wish him well for his future endeavours."
Bill Adams commented:
"I am very much looking forward to joining Moss Bros and working with Brian and the team. I believe the brand has a great future and I am excited about being part of the future direction of the Company."
There is no information in relation to Bill Adams' appointment that requires notification for the purpose of Listing Rule 9.6.13. The effective date of the board changes above will be notified as soon as they have been confirmed.
For further information please contact:
Moss Bros Group Place
Brian Brick, Chief Executive Officer 0207 447 7200
Colin Porter, Chairman
Buchanan
Charles Ryland/Victoria Hayns 0207 466 5000