// Harrods names a new chief financial officer as the business continues to recover post pandemic
// Tim Parker joins the retailer after a decade at Hong Kong-based conglomerate Jardin Matheson
Harrods has appointed Tim Parker as its new chief financial officer as the luxury department store continues the road to recovery post pandemic.
Parker will join the business after 10 years at Hong Kong-based Bermuda-domiciled British multinational conglomerate Jardin Matheson, where he held a range of senior finance leadership positions across Hong Kong and Malaysia.
Over the past decade, Parker held several senior finance top jobs across Asia after a background in banking in London.
READ MORE:
- Harrods to stop selling ‘luxury goods’ worth over £300 to Russian shoppers
- In pictures: Harrods opens its fourth H Beauty store in Bristol
- Harrods introduces late-night dining with venues open until 11:30pm
The Knightsbridge department store has faced a turbulent time during subsequent Covid lockdowns, with international tourists staying away from London for almost two years.
However, the retailer is now seeking to invest in its in-store and online operations, with plans for H Beauty stores across the UK.
The business also hopes to have a boosted presence in China and the Middle East.
Harrods managing director Michael Ward said: “As we continue to recover from the Covid-19 pandemic and look towards the future, it is more important than ever to have the right talent in place to guide us through the next stage of our business strategy.
“We are delighted to welcome Tim to Harrods. I know the business will gain hugely from his leadership and extensive experience in a fast-moving market, and I look forward to working closely with him.”
Harrods’ former CFO, John Edgar, left the business in 2017 after serving the company for five years.
Click here to sign up to Retail Gazette‘s free daily email newsletter
