Search Share Prices
Footasylum hires former JD Sports chief executive Barry Bown
UK-based fashion retailer Footasylum announced on Friday that Barry Bown has joined the company's board as executive chairman with immediate effect.
Bown has been working with the company in a consulting role since 1 March and had previously committed to the executive chairman job as part of Footasylum's admission to AIM in November.
Clare Nesbitt, chief executive of Footasylum, said: "We are delighted to welcome Barry to the board. He hits the ground running having spent the last three months getting to know the company in a consulting role and we know that he will contribute materially to the next phase of the company's development."
Bown has spent the majority of his 30-year career in the retail sector at JD Sports for whom he served as chief executive between 2000 and 2004.
The company said that alongside Brown's appointment incumbent executive chairman John Wardle will now retire with immediate effect, having been in the role since 2015.
Prior to this, Wardle served as chief executive of Footasylum after joining the company in 2008.
"We would also like to place on record our great appreciation to John Wardle and to recognise the key role he has played in driving the company to where it is today. We wish him a peaceful and enjoyable retirement," said Nesbitt.
As of 1634 BST, Footasylum's shares were up 0.81% at 187.50p.