Page to leave Carpetright
Carpetright finance boss Neil Page is to leave the group as it admits trading remains volatile.
The chain said Page, who joined in April 2008 after 17 years at Superdrug, including finance and IT director since 2004, wanted to retire from a full-time plc role. He will step down from the board on 25 February but will continue to work in the business until the end of the financial year on 30 April.
He will be succeeded by Jeremy Simpson, who was finance director of buildings and energy services group Sureserve until last October , when he left after its property and construction operations were sold.
‘As cfo, Neil has made an outstanding contribution to Carpetright over many years and the board wishes to express its gratitude for his unstinting commitment to the business, particularly through the recent challenging period of restructuring. We are delighted that Jeremy is joining us as cfo - he has a strong plc track record and will be able to integrate swiftly into the executive team,’ said Wilf Walsh, Carpetright ceo.
Walsh also told shareholders that although UK like for like sales had improved since the first half, when they fell 12.7%, sales were still falling in the quarter to 26 January. ‘Trading patterns have remained volatile week to week, against a backdrop of uncertainty and weak consumer confidence.’