Ted Baker PLC Directorate Change (9428D)
March 08 2022 - 2:01AM
UK Regulatory
TIDMTED
RNS Number : 9428D
Ted Baker PLC
08 March 2022
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF THE UK VERSION OF THE MARKET ABUSE REGULATION (EU NO. 596/2014)
AS IT FORMS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION
(WITHDRAWAL) ACT 2018 (UK MAR)
8th March 2022
Ted Baker plc
("Ted Baker" or the "Company")
DIRECTORATE CHANGE
Ted Baker, the global lifestyle brand, is pleased to announce
the appointment of Marc Dench as Chief Financial Officer (CFO) of
the Group with effect from today (8(th) March 2022). Marc will join
the Board and help lead the next phase of the Company's
transformation, succeeding David Wolffe who is leaving to pursue
another opportunity and will resign as a director with immediate
effect.
Marc Dench is an experienced retail and brand leader who joins
the Company from Health Hero, the digital health platform. Before
joining Health Hero, Marc spent over five years as CFO and director
of Joules Group PLC, the international retail brand, where he
supported the company through IPO, strategic growth and its
transformation to a data and digitally led business.
Prior to joining Joules, Marc was CFO of the Global Brands and
International Retail division of Walgreens Boots Alliance and held
a number of finance and corporate development roles across
businesses including Walgreens Boots Alliance, HomeServe and
Experian.
David Wolffe, who has served as Chief Financial Officer since
early 2020, has played a crucial role in the first phase of Ted
Baker's transformation, leading the Company's recapitalisation and
helping to put the business back on a path to growth.
Rachel Osborne, Chief Executive Officer, said: "I would like to
thank David for his support and dedication over the last two years
in stabilising the business and strengthening Ted Baker's
foundations.
As we look forward, I am delighted to welcome Marc to the team.
His extensive retail, brand and digital experience will be a great
asset to Ted Baker as we shift our focus to the next stage of
growth for this great global lifestyle brand."
The person responsible for making this announcement is Rishi
Sharma, Group General Counsel and Company Secretary.
ENDS
For further information contact:
Tulchan Communications
Tel: +44 (0) 20 7353 4200
Jonathan Sibun / Jessica Reid
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END
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