The Hut Group appoints former ITV CEO as non-exec chair
The Hut Group has appointed Charles Allen, Lord Allen of Kensington, as its new chair with immediate effect.
The move follows an international search initiated last October when the group said it would split the dual roles of executive chair and chief executive which were held by its founder Matthew Moulding.
In a statement, THG said Allen will have a mandate to refresh the board and further strengthen governance and diversity. He will also be working with Moulding in his role of chief executive in developing the management team and refining the group’s strategy.
With experience across the retail, media, technology, gaming, food production and manufacturing sectors, Allen is currently chair of Balfour Beatty and Global Media and Entertainment. He was previously chair of ISS AS, 2 Sisters Food Group and executive chair of EMI Music. His prior roles also include being chief executive of ITV from 2004 until 2007, and chief executive of Granada Group and chief advisor to the British Home Office.
Moulding said: “I am delighted that we have been able to attract someone of Charles’s calibre and reputation. He has extensive boardroom experience across a range of sectors spanning 40 years. Charles has chaired large, successful, dynamic companies and has experience working with entrepreneurs.
“Charles’s consumer, retail, digital and media expertise, knowledge and skills will help THG to continue to drive profitable and sustainable growth, deliver for all our stakeholders and to meet the highest standards of corporate governance.”