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Halfords’ CFO swaps cars and bikes for aeroplanes


Halfords has once again been stripped of a member of senior management, with EasyJet airlines swooping in on Halfords' CFO Andrew Findlay for its own Chief Financial Officer position.

The announcement comes three months after the company’s Chief Exec Matt Davies was cherry picked by Tesco to become UK CEO.

High flying Findlay, who joined the car parts and bicycles retailer in  2011, is to replace Chris Kennedy in the role following a move to micro-chip company ARM Holdings early next year.

Carolyn McCall, Chief Executive of EasyJet referred to Findlay as a "great fit" for the low-cost airline.

"He is part of the leadership team at Halfords which has created a much more customer centric and profitable business," she continued. "Andrew is a great fit for EasyJet and I am sure he will add a lot of value to the airline."

Findlay, whose experience includes Director of Finance, Tax and Treasury at Marks & Spencer commented: "This is an exciting time to be joining Europe's leading airline. Carolyn has built a fantastic team and with them I look forward to contributing to EasyJet's continued success.

I have greatly enjoyed my time with Halfords and I am exceptionally proud of the progress the business has made over the last few years."

Chairman of Halfords, Dennis Millard thanked Mr Findlay for his "outstanding contribution” and added “He has played an important role in the recent Halfords story. He will be leaving Halfords in a healthy financial position and with an award-winning finance team."

The search for a new CFO at Halfords is underway.

Published on Monday 13 April by Veebs Sabharwal

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