Halfords Group PLC Appointment of Chief Financial Officer (5207U)
13 July 2018 - 4:00PM
UK Regulatory
TIDMHFD
RNS Number : 5207U
Halfords Group PLC
13 July 2018
13 July 2018
Halfords Group plc
Appointment of Chief Financial Officer
Halfords Group plc is pleased to announce the appointment of
Loraine Woodhouse as Chief Financial Officer (CFO) with effect from
1 November 2018.
Loraine has been Finance Director of Waitrose since 2015, having
previously occupied senior finance roles in the John Lewis
Partnership including as Acting Group Finance Director. Prior to
that, Loraine was CFO of Hobbs, Finance Director of Capital
Shopping Centres Limited (now Intu plc) and Finance Director of
Costa Coffee Limited. Loraine's early career included finance and
investor relations roles at Kingfisher plc.
Loraine succeeds Jonny Mason who, as previously announced,
leaves Halfords on 31 July 2018.
Graham Stapleton, Chief Executive, commented:
"I am delighted that Loraine will be joining Halfords as CFO and
look forward to working with her. She has extensive finance
leadership within service-based retail and will be a great addition
to the senior team. I would also like to take this opportunity to
thank Jonny Mason and to wish him every success in the future."
Loraine Woodhouse commented:
"I'm really pleased to be joining Halfords and look forward to
working with the team to build upon the good foundations in place
and to deliver the exciting next phase."
Loraine is currently a partner trustee of the John Lewis
Partnership Trust for Pensions, but will relinquish this role prior
to appointment as CFO of Halfords. There is no further information
to be disclosed relating to Loraine under paragraph 9.6.13 of the
UK Listing Authority Listing Rules.
Halfords Group plc will publish its 20-week trading statement on
4 September 2018 followed by a Capital Markets Day on 27 September
2018.
Enquiries:
Halfords
Adam Phillips, Investor Relations +44 (0) 7703 890142
Media (Tulchan) +44 (0) 207 353 4200
Jonathan Sibun
Will Smith
Summary of Loraine Woodhouse's remuneration:
Loraine Woodhouse's remuneration package includes an annual
basic salary of GBP350,000. Notice is 6 months on either side. All
other terms and conditions are consistent with her predecessor,
Jonny Mason. Halfords will make a payment to Loraine in March 2019
to replace her pro-rated bonus from Waitrose equivalent to the
amount she would have received based on performance.
About Halfords Group:
Halfords is the UK's leading retailer of motoring, cycling and
leisure products and services, as well as one of the UK's leading
independent operators in vehicle servicing, maintenance and
repairs. Customers shop at over 480 Halfords, Cycle Republic and
Tredz shops in the UK and Republic of Ireland and at halfords.com,
cyclerepublic.com or tredz.co.uk for pick-up at their local store
or direct home delivery. Halfords Autocentres operates from over
300 sites nationally and offers motorists high-quality MOTs,
repairs and car servicing at affordable prices. The Group employs
approximately 10,000 colleagues.
Halfords Group plc's LEI code is 54930086FKBWWJIOB179
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
BOABCGDRUDBBGID
(END) Dow Jones Newswires
July 13, 2018 02:00 ET (06:00 GMT)
Halfords (LSE:HFD)
Historical Stock Chart
From Apr 2024 to May 2024
Halfords (LSE:HFD)
Historical Stock Chart
From May 2023 to May 2024