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boohoo Group PLC on Monday it appointed a new deputy chair, while its executive director and former chief financial officer had also stepped down, both effective from Friday last week. The Manchester, England-based online fashion retailer said the current non-executive chair of East Imperial PLC, The Original Factory Shop Ltd, as well as chair of The Retail Trust, Alastair McGeorge succeeds Brian Small as group deputy chair. McGeorge will also act interim chair of the audit committee until the search for an additional non-executive director to fulfil the role is complete, boohoo said. boohoo also said Neil Catto stepped down as executive director after nearly 12 years with the group, the majority of which was spent as the online fashion retailer’s CFO. ‘Alistair has extensive board-level experience with some great retail brands. We look forward to working with him and are confident that he will help us deliver our ambition to be the global fashion leader. Brian departs with my significant thanks for his positive contribution over the last four years on the board, initially as audit chair and then as deputy chair from December 2019,’ said Executive Chair Mahmud Kamani. ‘Neil has been with the group for 12 years and is held in the highest regard for his substantial contribution. He has been instrumental in building the group from a one-brand-business and into a multi-brand platform.’ Shares in boohoo were down 0.5% to 59.18 pence each in London on Monday morning. Copyright 2023 Alliance News Ltd. All Rights Reserved.
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