A reshuffle of Harvey Nichols’ senior ranks will see chief executive Stacy Cartwright step into the role of deputy chairman.
The new role will enable her to retain oversight of the continued evolution of the upmarket department store retailer under the leadership of two new co-chief operating officers, while also pursuing other non-executive interests.
The promotion would be effective from January 1, and Cartwright will continue to report to chairman and owner Sir Dickson Poon.
Harvey Nichols has said they will not be seeking a new chief executive.
Instead, group commercial director Daniela Rinaldi and group finance director Manju Malhorta will be promoted to co-chief operating officer roles.
Under this new structure, they will assume joint responsibility for the day to day running of the business and will participate fully in the ongoing strategic development of the retailer.
Effective from January 1 also, Harvey Nichols said the new dual-role will be permanent and they will both report to Cartwright and Poon.
“Daniela and Manju each bring a wealth of experience to their new roles, with highly complementary skill sets,” Cartwright said
“I’m delighted to be announcing their promotions and I look forward to working alongside them.”
Rinaldi said: “I am delighted to be taking on the role of co-chief operating officer.
“We have made great strides in our strategy to transform the business and I am committed to driving Harvey Nichols forward through the next phase of our growth.”
Malhotra added: “I look forward to continuing the transformation of our unique brand and working closely with Daniela to lead the business to further success.”
Cartwright joined Harvey Nichols in February 2014 as chief executive, taking over from Joseph Wan.
Before Harvey Nichols, Cartwright worked for Burberry for nine years in chief financial officer and executive vice president roles.
Meanwhile, Rinaldi has worked at Harvey Nichols for more than 30 years. She became controller of perfumery and concessions in 1996, and in 2009 was promoted to the board as concessions and beauty director.
Malhotra, who joined Harvey Nichols in 1998 as internal audit manager, worked her way up the chief financial officer position in 2010.
