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Superdry says chief financial officer, Nick Gresham has jumped ship

Gresham joined the fashion retailer’s board in June 2019 first as an interim chief financial officer but then stayed on permanently

Superdry PLC - Superdry says chief financial officer jumps ship

Superdry PLC (LON:SDRY) has announced that its chief financial officer, Nick Gresham has stepped down with immediate effect.

A search for a permanent replacement will start while interim arrangements are put in place, the fshion retailer added.

READ: Superdry cautious on outlook after sales dip further in late summer

Retail industry veteran Gresham joined the fashion retailer’s board in June 2019 first as its interim chief financial officer but then stayed on permanently.

“He has played an important role in putting the company in a stronger position than it was before he joined and helped to steer Superdry through the impact of the COVID pandemic,” Superdry chief executive and co-founder Julian Dunkerton said in a statement.

Dunkerton ousted the rest of the retailer's board after he returned to the helm last year, leading to the appointment of Gresham, before announcing a two-to-three year strategy ‘reset’ to get “full control” of product and costs.

Quick facts: Superdry PLC

Price: 258.6 GBX

Market: LSE
Market Cap: £212.13 m

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