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Debenhams appoints Rachel Osborne as CFO
23 Aug 18 1 min read
Debenhams plc, a British multinational retailer operating under a department store format, has appointed Rachel Osborne as chief financial officer (CFO). Osborne was formerly CFO of Domino’s Pizza Group plc and has a strong retail background with previous roles at both John Lewis plc and Kingfisher plc. She will join Debenhams on September 17, 2018.
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Her predecessor, Matt Smith, informed the board of his intention to leave Debenhams plc in April this year and will leave the Group on August 31, 2018.
“I am looking forward to working with Rachel. She has deep experience across a variety of retail and customer-facing businesses and her commercial expertise will be invaluable as we build a strong financial foundation to underpin the transformation of Debenhams,” Debenhams CEO Sergio Bucher said in a press release.
“I am delighted to be joining Debenhams. This is a challenging time for UK retail, but Debenhams has a strong heritage, leading market positions and a credible plan for its future. I look forward to being part of the team delivering the transformation,” said Osborne. (RKS)
Fibre2Fashion News Desk – India
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