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N Brown Group Plc announced the appointment of Dominic Appleton as Chief Financial Officer Designate, who will join the Group on 1 March 2023. He is envisaged to succeed Rachel Izzard as Chief Financial Officer and a Board Director following the completion of the FY23 Annual Report and Accounts at the end of May, with his Board appointment subject to FCA approval.
| Date | 23 Feb 2023 |
| Time | 07:00:02 |
| Category | Miscellaneous |
| ID | 7630Q |
23 February 2023
N Brown Group Plc (the "Group"), a top 10 UK clothing and footwear digital retailer, announces that Dominic Appleton will be joining the Group as Chief Financial Officer Designate on 1 March 2023. Dominic will succeed Rachel Izzard as Chief Financial Officer and a Board Director when Rachel steps down. Rachel will work with Steve Johnson, Group Chief Executive Officer, and the Board, to ensure an orderly handover to Dominic. It is currently envisaged that Rachel will leave the business, and that Dominic will join the Board, following the completion of the FY23 Annual Report and Accounts at the end of May.
Dominic is an experienced finance professional having spent a total of 10 years at The Very Group (previously Shop Direct), most recently as Group Finance Director. He has previously held Chief Financial Officer roles at online bathroom retailer, VictoriaPlum.com, and leading footwear brand, Hotter Shoes. Prior to this he worked in senior finance roles at SSL International and Procter & Gamble, having begun his career at KPMG where he qualified as a chartered accountant.
Steve Johnson, Group Chief Executive Officer of N Brown Group, said:
"We are delighted to welcome Dominic to the N Brown team. His considerable expertise and experience gained in consumer businesses, particularly in digital retail and financial services, will make him a key addition to the executive management team."
Regulatory disclosures
Peter Dominic Appleton, aged 50, currently has no shareholding in the Group. There is no further information required to be disclosed in respect of the above appointment pursuant to Rule 17 and Schedule 2 (g) of the AIM Rules for Companies.
The appointment of Dominic Appleton to the Board is subject to FCA approval and a further update will be provided in due course.
For further information:
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N Brown Group |
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David Fletcher, Head of Investor Relations
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+44 (0)7876 111242
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MHP Communications |
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Simon Hockridge / Eleni Menikou / Charles Hirst |
+44 (0) 20 3128 8789 |
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Shore Capital - Nomad and Broker |
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Stephane Auton / Daniel Bush / John More |
+44 (0) 20 7408 4090 |
About N Brown Group:
N Brown is a top 10 UK clothing & footwear digital retailer, with a home proposition. Our retail brands include JD Williams, Simply Be and Jacamo, and our financial services proposition allows customers to spread the cost of shopping with us. We are headquartered in Manchester where we design, source and create our product offer and we employ over 1,800 people across the UK.