John Colley is stepping down from his role as managing director of Majestic Wine in order to take up a chief executive role at Hobbycraft.
His final day with the alcohol retailer is May 31, and he will replace Catriona Marshall at Hobbycraft,
Colley, who has been in his role at Majestic Wine since September 2015, is credited for playing a key part in bringing the retailer “back on its feet”.
Rowan Gormley, the chief executive of parent company Majestic Retail, will take on Colley’s responsibilities once he departs.
No other management changes will be made and Majestic Wine’s commercial and retail board – as well as the Naked Wines and Lay & Wheeler businesses – will report directly to Gormley.
“John leaves with our best wishes, and our heartfelt thanks for the hard work, dedication and expertise he has given us,” Gormley said in a statement.
“For the first time in many years Majestic is organically growing sales and our job is now to accelerate that by building our customer base through loyalty.
“This is exactly what gets me excited and what I love doing so it’s a perfect time for me to get more involved.
“Congratulations John. Thank you for getting Majestic back on its feet and the very best of luck in your new role.”
Prior to Majestic, Colley worked at Benelux retailers. He has also spent some time at Kingfisher in commercial director roles, as well as Home Retail Group – which was acquired by Sainsbury’s last year.