We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
RSS FeedPeople Management

Debenhams appoints Simon Herrick as CFO


Current FD Chris Woodhouse to step down to pursue his other business interests

Article comments

Debenhams has appointed Simon Herrick as its next finance chief after Chris Woodhouse made clear his intention to move on and pursue his other business interests.

Herrick will join the board of directors at the department store group and take up his post as CFO on 10 January. He worked until recently as group FD at Northern Foods and as finance chief at Kesa Electricals between 2005 and 2009.

Woodhouse will officially resign at an AGM on 10 January and will depart entirely on 27 January. His business interests beyond Debenhams include serving as chairman of the restaurant-running Gondola Group and the fashion house Agent Provocatuer.

“Chris Woodhouse has played a significant role in the development of Debenhams over the past eight years. The board and all his colleagues thank him for his contribution and wish him every success in the future,” said Debenhams CEO Michael Sharp in a statement.

“At the same time we are delighted that Simon Herrick will be joining us. Simon has strong financial experience gained in a range of companies and business environments. His skills and experience will be a great asset to Debenhams.”

Sharp said last month that his group was “well positioned to be one of the winners” as economic headwinds battered the British high street. Sales across the group were up 2.9 percent in the year to 27 August.

Share:

Recommended Articles

Comments

Debenhams appoints Simon Herrick as CFO
People Management

Is the CFO still the sole sacrificial lamb when a company struggles?

Is the CFO still the sole sacrificial lamb when a company struggles?

Tesco's announcement today that boss Philip Clarke is to leave proves that's no longer the casemore ..


Engineer Babcock International promotes group FD

Its financial controller of 12 years will step up to be the new group FD as Bill Tame becomes CEO of the international divisionmore ..

Tesco ex-FD appointed Morrison’s next chairman

Andrew Higginson served as finance director at Tesco for 15 yearsmore ..

ITV appoints new non-executive as it enters next phase of transformation

Mary Harris joins the board raising the total number of women on the board to threemore ..

Ten tactics to unleash the potential of Generation Y in finance

Most CFOs are Baby Boomers or Generation X-ers – the difference in mindset is hugemore ..

What's the role of the finance chief in a takeover bid?

With Pfizer's possible takeover of Astrazeneca in the spotlight we take a look at how pivotal the CFO is in such a dealmore ..

Send to a friend

Email this article to a friend or colleague:


PLEASE NOTE: Your name is used only to let the recipient know who sent the story, and in case of transmission error. Both your name and the recipient's name and address will not be used for any other purpose.



In Depth
Can finance rise to the challenge of major transformation?

Can finance rise to the challenge of major transformation?

Outdated finance processes, systems and competencies leave too many questions unanswered more ..

In Depth
Interim CFO or consultant? The pros and cons

Interim CFO or consultant? The pros and cons

Ed Harding offers an insight into the life of an interim CFO and the advantages in driving transformation more ..

Advertisement

* *