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Former CFO at Next Joins Sainsbury's Board

By Publications Checkout
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Former CFO at Next Joins Sainsbury's Board

UK retailer Sainsbury's has announced that former CEO at Next, David Keens will join the Board as a non-executive director from today, 29 April.

This follows the previously announced retirement of Gary Hughes, who will step down at the company’s AGM on 8 July.

David was the Group Finance Director of Next from 1991 to March 2015 and played a significant part in the success of Next in that period. He will join the Audit Committee on 29 April and become its Chairman on 8 July.

Commenting on the appointment David Tyler, Sainsbury’s Chairman, said, "First, I would like to thank Gary very much for everything he has done for Sainsbury’s over the last ten years.  He has been a highly effective Chairman of the Audit Committee and has made a very valuable contribution to the Board.

"We are delighted to welcome David Keens as a non-executive director. His deep retail experience and his knowledge of fast-moving consumer business are particularly relevant at a time when we are growing our own successful non-food ranges. This, together with his considerable skills in finance, makes him an ideal addition to our Board."

© 2015 European Supermarket Magazine – your source for the latest retail news.

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