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Chocolatier Thorntons loses FD to private equity


FD Mark Robson is to step down in March 2012

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Chocolatier Thorntons has announced its finance director Mark Robson is to step down in March 2012.

Robson, who has been with the company since November 2009, will take up a position with a private equity owned company.

Chief executive Jonathan Hart said they are started to look for his successor.

"Mark has played an important role over the past two years in improving our business and laying the foundations for our long term, transformational strategy," Hart said.

Prior to his role at Thorntons Robson worked for Somerfield, now part of the Co-operative, as finance director.

Revenues have increase 1.7 percent from £214.6 million in 2010 to £218.3 million this year, but the retailer has experienced a “challenging year". It reported a 38 percent fall in pre-tax profit, from £6.9 million in 2010 to £4.3 million for the current financial year.

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Chocolatier Thorntons loses FD to private equity
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