Marks Electrical CFO departs

Marks Electrical has announced that CFO Josh Egan has left his role at the company to take up a role at Roadchef.

Egan remains a director of the company and will continue to fulfil his current role, which will include supporting the business through its preliminary results in June and facilitating a smooth transition.

Marks Electrical has confirmed that it is commencing the process to select a replacement for Egan.

Mark Smithson, CEO of Marks Electrical, said: “Josh has made a great contribution to the transformation of Marks Electrical, bringing professionalism and rigour to the finance function and through wider support across the business. Our financial controls, reporting and financial discipline are in a far stronger place than when he arrived.

“Under his guidance, we have improved our financial and operational capabilities, creating a strong platform for our future success. He has been a great colleague, and we thank him for his efforts at Marks Electrical and wish him well in his new role.”

Egan added: “It’s been a pleasure to work with Mark and the team, as we transitioned from a successful family-owned business to a publicly traded company. It’s never an easy decision to leave a great business, especially with the progress we have made over the last few years.

“However, the opportunity has arisen for me to take on an exciting new challenge. I leave Marks Electrical in a good position and have every confidence that the business will continue to flourish, as it executes on its strategy of driving profitable market share gains to become the UK’s leading premium electrical retailer.”

The group expects to publish its preliminary results for the 12 months ended 31 March 2025 on 25 June 2025.