Superdry names interim CFO, Wiggle's Gresham joins the team
Superdry has named an interim chief financial officer with Nick Gresham joining the company in the post for an unspecified period. He’s currently CFO of pureplay online sports and cycling retailer Wiggle and has a strong track record. He was previously CFO at Oak Furnitureland and Connect Group and has held other finance roles in retail environments including Homebase, Home Retail Group, GUS and Debenhams.
He takes up the post on June 3, succeeding Ed Barker, who resigned on April 2. That was when co-founder Julian Dunkerton won shareholder support to return to the firm and almost the entire board resigned as a result.
But Barker has stayed in his post as he has been working out his notice and the company said that “Nick and Ed will focus on a smooth and orderly handover of responsibilities ahead of the company's preliminary results scheduled for 4 July.”
Chairman Peter Williams praised Gresham and hailed his “extensive experience in senior finance roles across the retail sector.” He added: “This is an important step for Superdry as we continue to focus on rebuilding the board and putting the right leadership and corporate governance structure in place.”
No information was given as to why his role is only an interim one and what this means for the longer term.
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