5th Feb 2019 08:00
LONDON (Alliance News) - Carpetright PLC on Tuesday said that Chief Financial Officer Neil Page will retire from the company at the end of the current financial year.
Meanwhile, the company said trading was in line with its expectations, despite reporting negative UK like-for-like sales, against a backdrop of "uncertainty and weak consumer confidence".
In the rest of Europe, trading has been "consistently" ahead of the previous year, due to a strong performance in the Netherlands.
Page, who has been with the flooring retailer for over ten years, will step down on February 25 but will continue to work with the business until the end of the firm's financial year on April 30.
Page will be succeed by Jeremy Simpson, who was most recently CFO of Sureserve Group PLC.
Chief Executive Officer Wilf Walsh said: "As CFO, Neil has made an outstanding contribution to Carpetright over many years and the board wishes to express its gratitude for his unstinting commitment to the business, particularly through the recent challenging period of restructuring."
He added: "We are delighted that Jeremy is joining us as CFO - he has a strong track record and will be able to integrate swiftly into the executive team".
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