Footwear retailer Dune has announced its chief executive John Egan is set to relinquish his role, with the group‘s chief operating officer replacing him.
Egan will remain as a non-executive director for Dune Holdings when he steps down at the end of August, following nearly a decade of leading the retailer.
James Cox will now be promoted from his role as chief operating officer, which he has held since 2013, to replace Egan.
Cox acted as the company‘s finance director for three years before he was promoted.
Prior to this, he worked at Thomas Pink for five years where he also acted as finance director.
“John has made a huge contribution to the group over the years,” executive chairman Daniel Rubin said.
“He played a major role in the acquisition of Shoe Studio in 2009, which trebled the size of the business, and since then has expertly guided the business through major growth, both in the UK and internationally, during a period of major change both for The Dune Group and the retail sector generally.”
Egan added: “It has been a privilege to lead the Dune business during a period of incredible sales and profit growth with a talented senior management team.”