Ted Baker welcomes new CFO
Marc Dench will succeed David Wolffe in the role, who is leaving to pursue another opportunity and will resign as a director with immediate effect
Ted Baker has announced the appointment of Marc Dench as its new chief financial officer (CFO) with effect from today (8 March 2022).
Dench will succeed David Wolffe in the role, who is leaving to pursue another opportunity and will resign as a director with immediate effect.
Dench is described by the group as an experienced retail and brand leader who joins the company from Health Hero, the digital health platform. Before joining Health Hero, he spent over five years as CFO and director of Joules, where he supported the company through IPO, strategic growth and its transformation to a data and digitally led business.
Prior to joining Joules, Dench was CFO of the Global Brands and International Retail division of Walgreens Boots Alliance and held a number of finance and corporate development roles across businesses including Walgreens Boots Alliance, HomeServe and Experian.
David Wolffe, who has served as CFO since early 2020, has played a “crucial role” in the first phase of Ted Baker’s transformation, leading its recapitalisation and helping to put the business back on a path to growth.
Rachel Osborne, CEO, said: “I would like to thank David for his support and dedication over the last two years in stabilising the business and strengthening Ted Baker’s foundations.
“As we look forward, I am delighted to welcome Marc to the team. His extensive retail, brand and digital experience will be a great asset to Ted Baker as we shift our focus to the next stage of growth for this great global lifestyle brand.”
