Gymshark appoints Rich Sanders as CFO on a permanent basis
Gymshark has appointed Rich Sanders as chief financial officer on a permanent basis.
He has been serving as interim chief financial officer since late last year after Mathew Dunn stepped down after two years in the role.
Subscribe to TRBSanders initially joined the retailer as head of group corporate finance in 2021 before moving to the position of strategy director in 2023. Earlier in his career, he worked with PwC.
In his new role, he will be responsible for ensuring that Gymshark “continues with sustainable growth, improves its revenue growth and profit margin, and invests in the right places”.
In a post on LinkedIn, Gymshark founder and chief executive Ben Francis said the company is now entering its next chapter as it looks to open more stores, continue to create the best possible product, and become fully global.
Speaking of Sanders appointment, he said: “We naturally did plenty of due diligence to ensure we had the right person to become our next permanent chief financial officer.
“However, his understanding of the brand, his leadership qualities and his financial acumen made him the standout candidate.
“I’m so proud that we have been able to make this appointment from within the four walls of Gymshark.”
