Joules chief financial officer to step down
Joules has announced that its chief financial officer Marc Dench has decided to leave the company in the coming months to take up a position with Health Hero.
The lifestyle fashion brand has now commenced a search for his successor.
Having joined the company ahead of its IPO in 2016, Dench has been credited with playing an important role in the company’s development into a digitally led brand in recent years. He will remain in post until no later than the end of Joules’ financial year in May to enable time for a suitable candidate to be appointed and to ensure a smooth transition.
Dench said:“Although excited about my next challenge, I will be sad to leave Joules after a fantastic five years, but do so in the knowledge that it is a business with a clear sense of purpose, a strong financial position, clear strategy for growth and outstanding leadership. These ‘special ingredients’ give me confidence that Joules will continue to deliver value for all stakeholders over the years to come.”
Ian Filby, chairman of Joules, added: “ Marc is a highly valued member of the management team and has made a significant contribution to the success of the business since its IPO. On behalf of the board I would like to thank Marc for his dedication, skill and leadership during his time with the group and wish him every success in the future.”
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