Studio to promote Paul Kendrick to chief executive role
Studio has announced that Paul Kendrick will be promoted to the position of chief executive when current incumbent Phil Maudsley retires in March 2021.
Kendrick is currently managing director of Studio’s main subsidiary, Studio Retail.
Studio said the appointment is part of a succession plan implemented by the board over the last two years. It added that Maudsley will be fully involved with the transition during the remainder of the financial year.
Having initially joined Studio in 2016 as commercial and deputy managing director of Studio Retail, Kendrick was promoted to the role of managing director in April 2017 and was appointed to the board at the end of last year.
His previous roles marketing and ecommerce director at Bonmarche and various positions at N Brown Group, including leading the marketing, financial services, international and group development functions. In his earlier career, he worked with the Thomson travel business and The Co-operative Group.
Maudsley will retire following more than 30 years of service with the company.
Ian Burke, Studio chairman, said: “Phil has contributed significantly to the company’s development and achievements over thirty years including most recently in his capacity as chief executive. As he approaches his retirement from Studio, I would like to thank him for that contribution, on behalf of the board, and to wish him well in whatever he chooses to do next.”
