DFS appoints Liz McMeikan as chair designate to succeed Steve Johnson
DFS has appointed Liz McMeikan as non-executive director and chair designate.
McMeikan will join the furniture retailer’s board with immediate effect and will succeed Steve Johnson as chair in 2027.
Subscribe to TRBWith extensive experience in consumer facing businesses, she has been serving as chair of soft drinks company Nichols since 2023. She is also senior independent director of Custodian, a UK real estate investment trust.
McMeikan has previously held a variety of non-executive directorships in customer service-focused, manufacturing and property related public companies in both the UK and Ireland, including Unite Group, Dalata Hotel Group and McBride.
Prior to that, she held executive roles in marketing and sales at Colgate-Palmolive and Tesco.
Johnson said: “I am delighted to welcome Liz to the board. She brings extensive and relevant experience and is a key element of our ongoing succession planning to ensure that the DFS board can continue to deliver successfully and effectively for all our stakeholders now and in the future. Liz joins at an exciting time for DFS, with our recently announced rise in profits, our record market share position, and our operations performing at a consistently high level. ”
Tim Stacey, chief executive of DFS, said: “Liz’s extensive public company experience as both Non-Executive Director and Chair is ideally suited to our context, as we implement next stage in our strategy. I look forward to working with her as we intensify our mission to deliver further improvements for our customers and our people.”
Last week, DFS announced that it had grown its revenue to £1.06 billion in the 12 months to 28 June from £1.03 billion in the prior year. Underlying pre-tax profit was also up, rising by 48.7% to £44.9 million in the period.
