Superdry PLC ‘s (LON:SDRY) interim chief financial officer Nick Gresham has been appointed to the role on a permanent basis.
The news comes after founder Julian Dunkerton returned to the retailer in April following a six-month boardroom battle that saw most of its directors leave. Dunkerton wanted to come back to turn around the business following a period of sluggish sales.
Retail industry veteran Gresham joined the company as interim chief financial officer on June 3, taking over from Ed Barker.
New chairman Peter Williams said on Tuesday: "Nick has made a great impact since joining Superdry in an interim capacity, and I am delighted that he is now joining the business and the Board on a permanent basis. He is playing a crucial role in ensuring the business is on a stable financial footing as we set out to return Superdry to strong profitable growth."
In July, the company posted an £85.4mln loss for the 12 months to the end of April, compared with a profit of £65.3mln a year earlier, due to a £129.5mln writedown on the value of its stores.
Dunkerton has said it would take time to get things back on track.