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Naked Wines has announced it has appointed former-CEO and material shareholder, Rowan Gormley, as an advisor to the board as the company finalises its revised operational and financial plans for the business.
The company will announce these revised plans during the week commencing 17 October.
The position of board adviser is unpaid and is expected to last for a period of two to three months. Gormley will represent the views of shareholders and advise the board accordingly.
Despite stepping down as CEO, Gormley currently owns 2,134,104 shares (directly and via related parties), representing 2.9% of the group’s issued share capital, and will be subject to Naked’s share dealing policy.
Darryl Rawlings, Naked Wines chairman, said: “We wanted shareholder involvement in our ongoing operational and financial planning process.
“I welcome Rowan providing his insight to us because his operational familiarity with the business and his viewpoint as a shareholder will provide a unique and valuable perspective to the Board as we position Naked for long-term sustainable growth.”
