12 July 2024
DFS Furniture plc
Directorate Change
DFS Furniture PLC is pleased to announce the
appointment of Mr Bruce Marsh as an Independent Non-Executive
director of the Company effective from 1st August 2024. Mr Marsh
will also be appointed as a member of the Audit Committee,
Remuneration Committee and Nomination Committee, from that
date.
Steve Johnson, Chairman said, "I am delighted
that Bruce is joining the Board. His significant retail experience
as the CFO of Curry's PLC is directly relevant to the DFS's
strategy. His extensive experience leading finance
teams, maintaining robust financial controls and improving planning
and performance, for "big ticket item" retailers will bring
valuable experience and insight to the Board. I look forward
to working closely with Bruce over the next few years."
Bruce is the CFO of Curry's PLC, and
previously held senior positions with Tesco plc, Kingfisher plc and
Dixons Retail plc. Bruce brings a strong financial track record
over many years in retail, and in the successful delivery of large
complex business transformations in rapidly changing
environments.
Mr Marsh does not currently hold any DFS
Furniture Plc shares and no further information in connection with
his appointment is required to be disclosed pursuant to Listing
Rule 9.6.13R.
DFS further announces that independent
non-Executive Director, Loraine Martins, has decided to step down
from the Board of Directors with effect from the 31st July
2024.
Steve Johnson, Chairman, said, "I would like to
thank Loraine for her valued contribution as a member of the DFS
Furniture Board of Directors. Loraine has used her considerable
experience in Equality, Diversity, and Inclusivity in supporting
the Company's People strategy. On behalf of the entire Board and
the Company, I wish her the very best."
DFS (enquiries
via Teneo):
Liz McDonald (Group Company
Secretary)
Teneo
James Macey-White
Jessica Reid
Ayo Sangobowale
+44 (0)20 7353 4200
85fs.dfs@teneo.com
About DFS
Furniture plc
The Group is the clear market-leading retailer
of living room furniture in the United Kingdom. Our Group purpose
is to bring great design and comfort into every living room, in an
affordable, responsible and sustainable manner. We operate an
integrated physical and digital retail network of living room
furniture showrooms and web sites in the United Kingdom and
Republic of Ireland, trading through our leading brands, DFS,
Sofology and Dwell. We attract customers through our targeted and
national marketing activities and our reputation for high quality
products and service, breadth of product offer and favourable
consumer financing options. We fulfil orders for our
exclusive product ranges through our own three UK finished goods
factories, and through manufacturing partners located in the UK,
Europe, and Far East, and delivered with care through our expert
final-mile delivery service "The Sofa Delivery Company
Limited".
