David Wolffe takes over as CFO at Ted Baker

20 May '20

2 min read

David Wolffe

Ted Baker, the global lifestyle brand, has announced the appointment of David Wolffe as chief financial officer with immediate effect. Wolffe has over twenty years' experience in finance roles for both public and private businesses, including the group CFO role at HMV Group PLC where he addressed a range of retail and financial challenges.

Wolffe has held senior financial and executive positions at leading global consumer and media businesses, including the roles of finance director of ITV Studios, CFO at AOL Europe, and finance director, BBC magazines and consumer publishing. Since 2018 he has been Interim CFO in a series of private equity backed retail and technology businesses.

Wolffe joined Ted Baker on January 2, 2020 as interim chief financial officer from GeniusSports. Since his arrival, Wolffe has been instrumental to a number of the group's financial initiatives, including the agreed sale and leaseback of the Ugly Brown Building.

“We are delighted to welcome Wolffe on board on a permanent basis, following a thorough process, in addition to the capability we have seen him display in recent months,” Rachel Osborne, chief executive officer at Ted Baker, said in a press release.

“I was extremely pleased about joining Ted Baker back in January, and my time with the business since then has revealed the huge opportunities that lie ahead for this iconic British brand,” David Wolffe, said.

The business has faced into a number of challenges in the months since I joined, and while we still have much to do, our progress so far gives me confidence that we can deliver our transformation plan and create value for all of our stakeholders.”

Fibre2Fashion News Desk (JL)

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