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Ex-MP Michael Jack named Topps Tiles Chairman


Former Conservative MP Michael Jack has today been appointed Chairman of tile retailer Topps Tiles following the announcement that Barry Bester is retiring from the role.

Bester leaves after 26 years at the business and just ahead of its first half results on June 1st 2011 which are expected to show a year-on-year growth in revenues.

Jack, who joined the Topps Tiles board as a non-executive director in 1999, has previously worked in senior roles at major organisations such as fast-moving consumer goods firm Proctor & Gamble and high street retailer Marks & Spencer.

“Topps Tiles is a remarkable and robust company - for me to have been chosen by the board to succeed Barry Bester as its Chairman is a very great honour,” explained Jack.

“I know we have a strong management team and great staff and I am looking forward to working with them all so that, together, we can continue the development of the range of products and services which our customers want.”

Topps Tiles announced earlier this year that it expects to increase its store numbers from 313 to around 320 by the end of the year, and is confident about its current financial position.

A statement issued by the retailer in March also revealed that the group has completed the refinancing of its loan facilities, securing a new committed £75 million revolving credit facility with its existing lenders for the next four years.

Published on Wednesday 18 May by Editorial Assistant

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