Dr. Martens chief financial officer to retire
Dr. Martens has announced that Jon Mortimore has decided to retire from his role as chief financial officer.
The footwear retailer has begun a search for his successor .
Mortimore has worked with the business for the last seven years and has been instrumental in delivering the company’s transition from a family-run company to a listed PLC. He has also overseen growth from £230 million to £1 billion and played an integral part in the company’s IPO in January 2021.
Mortimore will continue in his role until his replacement has joined the business to ensure a smooth transition.
Paul Mason, Dr. Martens chair, said “On behalf of the board, I would like to thank Jon for his central role in driving the strong growth and strategic development of Dr. Martens over the last seven years. His knowledge of the business and understanding of the company’s value drivers have played a key part in helping develop the business during this period.
“We also want to thank him for his careful stewardship of the finance function, in particular during the pandemic period, which is testament to his dedication and exceptional hard work. We wish him well in his retirement.
Dr. Martens has also announced that it has lowered its full year profit guidance following the impact of higher costs at its Los Angeles distribution centre,
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