Directorate Change
November 03 2010 - 6:00AM
UK Regulatory
TIDMTHT
RNS Number : 5277V
Thorntons PLC
03 November 2010
For Immediate Release
THORNTONS PLC
BOARD CHANGES
Thorntons PLC is pleased to announce the appointment of Jonathan Hart as Group
Chief Executive with effect from 4 January 2011.
Jonathan Hart's retail and consumer goods experience spans more than 25 years.
For the past five years Jonathan has been Managing Director of Caffè Nero,
where, during his tenure, the business has more than doubled in size to over 400
stores with EBITDA of GBP28.7m and revenue of GBP153.6m (year to May 2010). In
addition to driving top-line growth and physical expansion, he streamlined
retail merchandising, built the Caffè Nero brand equity and improved company
profitability.
Prior to joining Caffè Nero, Jonathan held senior positions at Abbey,
Woolworths, Big W and ITM Communications. Before ITM Communications, Jonathan
spent more than a decade with Dixons Group plc, where, latterly, he was
responsible for the Group's GBP1bn high street brands (including Dixons, The
Link and Dixons Tax-Free) as Group Managing Director and as Group Managing
Director of PC World International.
Commenting on the appointment, John von Spreckelsen, Chairman of Thorntons,
said:
"Jonathan brings a wealth of relevant experience to Thorntons from the retail
and consumer goods sectors. He has an impressive track record in successfully
running a number of multi channelbusinesses, including concessions, and a proven
track record in the development of retail format strategies, as well as new
product development and launches. We are delighted that Jonathan has agreed to
join Thorntons."
- END -
For further information contact:
Cardew Group
T : 020 7930 0777
Anthony Cardew / Emma Crawshaw
Directorships - Listing Rule 9.6.13
Jonathan Hart was an Executive Director of Caffè Nero Group Plc from November
2005 until its privatisation in February 2007. Jonathan was an executive
director of ITM Communications Ltd and its parent company, Firmgrowth Ltd, from
November 2000 until December 2001 and a Non-Executive Director from December
2001 until October 2002. Firmgrowth Limited went into creditors' voluntary
liquidation in December 2002. There are no further matters requiring disclosure
under Listing Rule 9.6.13.
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOAUORKRRKAARRA
Thorntons Plc (LSE:THT)
Historical Stock Chart
From Jun 2024 to Jul 2024
Thorntons Plc (LSE:THT)
Historical Stock Chart
From Jul 2023 to Jul 2024