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

Ocado appoints Duncan Tatton-Brown as CFO


The former Kingfisher and B&Q FD will take up his role on 1 September 2012

Article comments

Ocado Group announced the appointment of Duncan Tatton-Brown as its new chief financial officer on Tuesday, as it reported a revenue rise of 11.4 percent for its first six months.

Tatton-Brown, who has steered the finances at Fitness First Group, Kingfisher, B&Q and Virgin Entertainment Group, will take up his role on 1 September.

The online grocer, which counts Waitrose as a major customer, posted pre-tax profits of £0.2 million on revenues of £308.0 million for the half year to 13 May in line with market expectation despite a “challenging and uncertain” economy.

“While we remain cautious about the general economic backdrop, we are well placed to attract a significant number of these new online shoppers as we continue to enhance our offer to customers,” chief executive Tim Steiner said in a statement.

In January former CFO of Ocado Andrew Bracey announced his resignation to join global recruitment company Michael Page.

Lord Grade, Ocado chairman, said Tatton-Brown’s plc experience in retail, service and consumer facing businesses would be “most valuable addition to the skills and experience of the existing directors”.

Tatton-Brown is also an independent non-executive director and chairman of the audit committee at Rentokil Initial.

Share:

Recommended Articles

Comments

Ocado appoints Duncan Tatton-Brown as CFO
People Management

Personal branding - A headhunter's perspective

Personal branding - A headhunter's perspective

'If you don't have honesty and integrity you will get found out'more ..


Aviva goes 'digital first' with new CDO appointment

Andrew Brem's chief digital officer appointment comes two months after Phil Pavitt left insurer to take up Global CIO role at Specsaversmore ..

Microsoft's former boss Steve Ballmer steps down

The former CEO cited a busy schedule, particularly involving his LA Clippers basketball team, for his resignationmore ..

Unemployment rate hits 6-year low

But wage growth plunges to 0.2% on a year agomore ..

The benefits of being a non-executive

Look for a non-executive when appointing peersmore ..

If you are still thinking about flexible working, it's too late

OPINION: Tips from an experienced chief security officer on how best to enable flexible workingmore ..

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

* *