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On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

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Card Factory has announced the appointment of Matthias Seeger as its new chief financial officer.

He is expected to take up his new role in May 2023.

Seeger has been CFO of Ambassador Cruise Line Limited since February 2022, having previously been CFO of Costcutter Supermarkets Group from September 2015 to September 2021.

He has also held senior finance roles with Procter and Gamble, in Germany, the UK, Belgium and Switzerland, between 1991 and 2013 and has a Master’s Degree in Engineering and an MBA from the University of Texas.

The company has agreed that Kris Lee will leave on 31 January 2023, and will step down from the board.

Seeger will join the company in May 2023. Simon Comer, currently group financial controller, will be appointed as interim chief financial officer, but will not be appointed as a director.

Darcy Willson-Rymer, CEO, said: “I am delighted to announce that Matthias is joining Card Factory as our CFO. Matthias has extensive financial experience and I look forward to working with him again, confident that his expertise and values will support Card Factory’s strategic projects and significant change programme over the next few years.

“I am grateful to Kris for his tireless work over the years, including successful management of liquidity, steering the business through a series of refinancing through covid lockdowns and supporting our “Opening our new future” growth strategy. We offer Kris our very best wishes for the future.”

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