Wednesday, July 28, 2021

Four feet out the door: CEO and CFO leave Clarks abruptly

Clarks has lost its Chief Exec and Chief Financial Officer who left the British footwear company with “immediate effect”. No official reason has been given for their departure. 

Melissa Potter and Robin Beacham stepped down from the company, which trades from 1,000 stores worldwide and operates in a “highly demanding commercial and economic environment, with increasing competition and intensified customer expectations”, according to a company statement. 

“The board believes that new leadership will help us to meet and overcome the challenges ahead” Clarks also said. 

While new leadership is found, Non-Executive Chairman Thomas O‘Neill will lead the business in the interim, whilst Group Financial Controller Mike Coley will take on the temporary role of CFO. 

Potter had been at Clarks for 27 years after joining as a graduate trainee in 1988; she took on the CEO role in 2010. 


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