UK's Boohoo appoints Stephen Morana as CFO

Stephen is widely recognised for his e-commerce expertise and he has significant experience in a range of businesses. He spent a significant part of his executive career as CFO of two founder-led, digitally disruptive businesses, Betfair and Zoopla, both of which he led through IPO and helped to create significant shareholder value. Stephen has also been a Non-Executive director at Entain, the FTSE100 group, and here at boohoo (2014 -2017). He has also been a venture partner at Octopus Ventures. His most recent executive position was at Cazoo plc. He is a qualified chartered accountant and a member of the INSEAD alumni.

Mahmud Kamani, Group Executive Chairman, commented: "Stephen is a highly regarded finance director who is well known to boohoo, having previously served on our Board in a Non-Executive capacity for four years. He supported us through the IPO process and in our early years as a PLC. While the business has grown significantly since then, Stephen has a wealth of experience with global digital businesses and is therefore very well placed to support the strategy in pursuit of our growth ambitions."

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Fibre2Fashion News Desk (RM)