Directorate Change

RNS Number : 0748G

Next PLC

27 February 2018

 

Date:	Tuesday 27 February 2018
Contacts:	Alistair Mackinnon-Musson	Email: [e-mail]
	Rowbell PR	Tel:  [phone]

NEXT PLC

DIRECTORATE CHANGES

Retirement of Group Operations Director

Next plc ("NEXT", or "the Company") announces that after 23 years with NEXT and 5 years on the Board of Next plc, Michael Law, Group Operations Director, will retire from the Company in July 2018 and step down from the Board at the AGM on 17 May 2018. 

Michael has made a huge contribution to the Group in his 23 years with NEXT. In particular, he has led the transformation of our Warehousing, Logistics and Systems operations over the last 10 years. The Board thank him for his outstanding service.

Michael first indicated that he would like to retire from NEXT over a year ago and in the intervening period the Company has been working on a plan for his succession.

New Executive Director Appointment

It is intended that Richard Papp will join the Board of Next plc on 14 May 2018 as an Executive Director and new Group Merchandise and Operations Director.

Richard has been with NEXT for 25 years.  He joined the Group in 1991 as a Merchandiser, becoming a Merchandise Manager in 1996 and was promoted to Menswear Product Director in 2001. In 2005 he gained valuable experience in a similar role at another retailer, returning to NEXT in 2006 to take up the role of Group Merchandise Director. In this role he is responsible for NEXT's Merchandising function, Product Systems, International Franchise, and Clearance operations. He has worked extremely closely with our Warehousing, Logistics and Systems teams to develop our online platform and is perfectly placed to lead the continued development of the Group's operations.

The Board confirms that no other disclosures need to be made under Listing Rule 9.6.13 in respect of this appointment.

 

END

 

 

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