N Brown Group promotes Dan Joy to chief executive role
N Brown Group has promoted Dan Joy to the position of chief executive officer.
He has succeeded Steve Johnson who has left the business after ten years. Johnson was also executive chair.
Joy has served as chief executive of financial services at N Brown for the past six years. Prior to that, he held several leadership roles at Ikano Bank, including group chief commercial officer.
Subscribe to TRBThe group has also appointed Malcolm Le May as chair, who has more than 40 years’ experience in consumer finance and banking, including senior roles at Provident and Vanquis. He has also served on numerous public and private boards.
N Brown is the owner of online retail brands JD Williams, Jacamo and the Simply Be. The group said the appointments signal its continued focus on modernising and expanding its financial services offering, building on its existing customer base as a key growth driver.
Joshua Alliance, majority shareholder, said: “Firstly, I’d like to thank Steve for his tireless service to N Brown over the past 10 years.
“His drive and commitment successfully led the business through a number of pivotal moments, including the global pandemic, refocusing the group’s efforts on its strategic brands, and progressing the development of our financial services offering.
“I’d also like to welcome Malcolm and Dan to their new roles. Both bring the knowledge and expertise to lead the business in its next phase of growth, focused on expanding our financial services offering to meet changing customer needs and capture the significant market opportunity this presents.”
Le May said: “I am delighted to be appointed chair of N Brown. It is a business with a clear purpose: delivering vital support to a large and loyal community of customers who have placed their trust in the group for over 160 years.
“The managerial changes announced today facilitate the continued evolution of the strategic rationale set out when the company delisted last year, with the support of the Alliance family.”
