Frasers appoints ex-FRC CEO as NED

Frasers Group has announced the appointment of Sir Jon Thompson, former CEO of Financial Reporting Council, as non-executive director.

His expertise in corporate governance, reporting and audit, and experience in large-scale project management, will strengthen the execution of Frasers’ long-term growth strategy and continue to position the group as a “leading” international business. 

His previous roles include chair of HS2, CEO of HMRC, and permanent secretary of the Ministry of Defence, where he oversaw major projects and drove significant change programmes. 

He has also had a career in finance, having held positions such as director general of finance at the Ministry of Defence, director general of corporate services at the Department for Education, and finance director of Ofsted.  

David Daly, chair of the board, Frasers Group, said: “We are delighted to welcome Sir Jon to the Board. I know that we will benefit from his vast experience and leadership which will continue to enable the future success of the Elevation Strategy.” 

Michael Murray, chief executive officer of Frasers Group, added: “I am pleased to welcome Sir Jon to the board at a very exciting time for Frasers Group. His appointment reflects the progress we have made to date on Frasers’ transformation and Elevation Strategy, as well as our ambitions for the future. 

“Sir Jon’s expertise in corporate governance and major project management will be invaluable as we enter the next phase of our strategy.”