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UK's Boohoo appoints Stephen Morana as CFO

23 Jan 24 2 min read

Insights

  • Boohoo appoints Stephen Morana as CFO, effective from Feb 19, 2024.
  • With e-commerce expertise, Morana led Betfair and Zoopla through IPOs, creating significant shareholder value.
  • Previously a Non-Executive Director at boohoo, his global digital business experience aligns with the company's growth strategy, as stated by Mahmud Kamani, Group Executive Chairman.
Boohoo, a leading online fashion retailer, announces the appointment of Stephen Morana to the Board as Chief Financial Officer, commencing on 19 February 2024.

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.

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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."

Note: The content of this press release has not been edited by Fibre2Fashion staff.

Fibre2Fashion News Desk (RM)

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