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Superdry CFO Wharton to retire, to be succeeded by Ed Barker
Clothing retailer Superdry, formerly SuperGroup, said on Tuesday that chief financial officer Nick Wharton is planning to retire and will be succeeded by Ed Barker, the current director of group finance.
Barker, who was previously interim chief financial officer at Sainsbury, will be appointed CFO and a director of Superdry on a date to be confirmed during the second calendar quarter of this year. Wharton will work alongside Barker for a period of time to ensure a smooth handover and the completion of the audit of accounts for the year to 28 April 2018.
Chief executive Euan Sutherland said: "Nick has been a key part of the team leading the repositioning of Superdry as a global digital brand which has demonstrated world-leading capabilities and a strong track record of strategic and financial delivery. Nick has concluded that the time is now right for him to move towards a plural career. I would like to thank him both personally and on behalf of the entire board for his huge contribution to Superdry and wish him every success for the future."
"I am delighted that Ed is joining us as we embark on the next phase of our ambitious growth plans. He has strong experience of building brands and leading in competitive multi-channel businesses through his previous roles at Sainsbury and Burberry. We look forward to welcoming him to the Superdry team."
At 0810 GMT, the shares were up 0.9% to 1,839p.