DFS names interim CFO as it sees improved trading
DFS said it has made progress on reducing its cost base through FY24 has also continued through the current financial year to date
DFS has announced it has appointed Marie Wall as interim chief financial officer reporting to chief executive officer, Tim Stacey.
Wall, who will start her role on 2 December, has previously held senior finance roles at Imperial Brands, Wolseley and Dixons Carphone.
Following the announcement on 17 October 2024, DFS confirms that John Fallon will step down from the board on 22 November 2024 and will leave the business on 17 January 2025, ensuring a thorough handover to Wall.
The news comes as DFS noted that the improvement in trading performance in the final quarter of the period last financial year has continued into the current financial year, with order intake remaining in growth over the first 20 weeks of the period, inline with our expectations.
In addition, DFS said it has made progress on reducing its cost base through FY24 has also continued through the current financial year to date.
Stacey said: “I am very pleased to welcome Marie to our group. She is a strong addition to our leadership team bringing with her a wealth of financial leadership experience, as we pursue our growth strategy.”
Steve Johnson, chairman, added: “Marie’s experience and skills make her ideally suited to take on the role of Interim CFO, I am delighted Marie has agreed to join DFS at this key moment for the group.”
