Outgoing Tesco UK and Ireland chief executive Matt Davies is poised to become the chairman of fashion retail group N Brown.
According to the Press Association, N Brown – which operates retail chains JD Williams, Simply Be and Jacamo – is expected to make the announcement next week.
- Charles Wilson appointed CEO of Tesco UK & Ireland
- N Brown sales rise amid Zalando partnership/perfectpullquote]
Davies will be the successor to Andrew Higginson, who had previously announced his intention to stand down from N Brown’s board.
Davies, who has been with Tesco since 2015, has previously been chief executive of Halfords and Pets at Home.
He is scheduled to leave the Big 4 retailer in April after a handover period in which Charles Wilson will replace him.
Tesco had appointed Wilson to head up its UK and Irish business following the Big 4 grocer’s £3.7 billion takeover of wholesaler and convenience store operator Booker, where he has been its chief executive since 2005.
Click here to sign up to Retail Gazette‘s free daily email newsletter
