Frasers Group has revealed the addition of recent administrators to its board.
In an official assertion, Frasers Group introduced that Helen Wright, Sergio Rossi’s world CEO, will tackle the non-executive director function. Moreover, David Al-Mudallal, Fraser’s chief working officer, and Ger Wright, managing director of Sports activities, will assume positions as government administrators on the board. These appointments got here into impact on February 26, 2024.
The Group has additionally revealed its plans to nominate Sir Jon Thompson, the previous CEO of the Monetary Reporting Council, as a non-executive director. The formal appointment is anticipated to happen later within the 12 months.
David Daly, chair of the Frasers Group board, expressed optimism concerning the latest board appointments, stating, “I’m assured that their management and experience will drastically profit us. Moreover, I’m happy that their appointments contribute to the diversification of our board, making certain that we possess the required vary of expertise and views to drive ahead the success of the Elevation Technique.”
The corporate highlighted Helen Wright’s in depth background, over 25 years as a senior government in worldwide luxurious and way of life shopper manufacturers. Notably, she is recognised for spearheading the turnaround and revitalisation of the esteemed British heritage model Belstaff throughout her tenure as CEO.
Helen Wright has held varied management positions, together with Vice President of Gross sales and Merchandising for Europe at Ralph Lauren, President of EMEI for Fendi/LVMH, and CEO at Anya Hindmarch.
Her most up-to-date function earlier than becoming a member of Frasers Group was as Group CEO at Sergio Rossi, the famend Italian luxurious footwear home primarily based in Milan, Italy, a place she assumed in November 2023.
Ger Wright has served because the Managing Director of Sports activities at Frasers Group since 2022, bringing her twenty years of government expertise throughout industrial, product, and merchandising capabilities. Earlier than her function at Frasers Group, Ger Wright labored extensively within the trade, notably with the Levi’s denim model.
Her most up-to-date tenure spanned 15 years at Nike, the place she performed a pivotal function in increasing markets, companies, and groups throughout Europe, the Center East, and Africa.
David Al-Mudallal was named Frasers Group’s chief working officer in August 2021. Since becoming a member of the Group in 2017, Al-Mudallal has held many outstanding positions, together with chief of employees and head of operations.
Sir Jon Thompson, the previous Chief Govt of the Monetary Reporting Council, boasts an illustrious profession with notable roles, together with Chair of HS2, CEO of HMRC, and Everlasting Secretary of the Ministry of Defence. All through his tenure, he spearheaded main tasks and carried out vital change packages.
Moreover, Sir Jon has a distinguished background in finance, having served as Director Common of Finance on the Ministry of Defence, Director Common of Company Companies on the Division for Training, and Finance Director of Ofsted. Earlier than getting into the Civil Service in 2004, he held varied company companies and finance positions in the private and non-private sectors.
“As we speak’s appointments replicate the progress we have now made so far on Frasers’ transformation and Elevation Technique, in addition to our ambitions for the way forward for the Group,” remarked Michael Murray, Frasers Group’s Chief Govt Officer.
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