Directorate Change

RNS Number : 1460V

Card Factory PLC

26 January 2017

 

26 January 2017

Card Factory plc

Directorate Change

Card Factory plc ("Card Factory" or "the Group") announces that it has been informed by Darren Bryant that he wishes to retire from his role as Chief Financial Officer after eight years with the Group. Darren has agreed to continue in his role until a successor has been identified and through a transitional period. 

Geoff Cooper, Chairman, commented:

"Over the past eight years Darren has contributed significantly to the strategic development and sustained growth of the Group. As our CFO, he successfully steered the Company through its 2014 IPO and, after such an intense period of activity, we understand his wish to retire. We are extremely grateful for all he has done and, when he steps down, it will be with our very best wishes for the future."

Darren Bryant commented: 

"Having started my professional career some 25 years ago, I feel that the time is right to take a break. My time at Card Factory has been, by some margin, the highlight of my career and so it was with mixed emotions that I informed the Board of my desire to retire from the Group. 

I am immensely proud of everything we have achieved together in growing the business from a successful, yet relatively unknown, Yorkshire family company to the position of clear market leader and a FTSE250 national retailer. The Group is in an incredibly strong position and I look forward to watching it grow and prosper in the years ahead." 

Separately today the Group has announced a trading update for the 11 months ended 31 December 2016.

ENDS

Enquiries

Card Factory plc                                           (via MHP, below)

Karen Hubbard, Chief Executive Officer

Darren Bryant, Chief Financial Officer

MHP Communications                                 [phone]

John Olsen

Simon Hockridge                        

Nessyah Hart

 

END

 

 

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