Joules announced the appointment of Caroline York as its new chief financial officer (CFO), who joins the group “no later” than September 2021 from her current role as finance director at Moneysupermarket Group.
Her appointment followed a “thorough” search process, according to the clothing brand. Prior to Moneysupermarket, York held finance leadership positions at Heathrow and BAA, as well as roles at Atos KPMG and PwC.
As previously announced on 28 January 2021, Marc Dench, the group’s outgoing CFO will step down from his position on the board on 11 May 2021. Following this date, he will remain available to the group in a consultancy capacity to “ensure a smooth transition of responsibilities”.
In the period between Dench standing down and York joining the board, the group will appoint Jon Dargie, currently the group’s finance controller, as interim CFO. During this period, he will report directly into the Joules board.
Ian Filby, non-executive chairman of Joules, said: “We are delighted to announce Caroline’s appointment as CFO and look forward to welcoming her to the group in the coming months. Caroline’s extensive experience in senior finance roles at strong consumer brands and digital-led businesses made her the stand-out candidate for the role.
“I would like to reiterate our thanks to Marc for his significant contribution to Joules during his time with the Group and his commitment to ensure a smooth transition of responsibilities.”
Nick Jones, CEO of Joules added: “We are delighted that Caroline is going to be our next CFO and I am looking forward to working closely with her to deliver the next chapter of Joules’ long-term growth and development. I have no doubt that Caroline’s extensive understanding of digital and brand-led businesses will be of great value to Joules moving forward.”
York said: “Joules is a brand I have long admired and I am delighted to be joining as the group’s new CFO. The business has a very exciting future with significant opportunities to expand the brand and continue to develop its first-class digital proposition. I am looking forward to joining the team and helping the business to continue create value for all stakeholders.”