Arts and craft retailer Hobbycraft this morning announced Dominic Jordan will be promoted to chief executive with immediate effect.
Jordan, who joined the company in 2012, will be promoted from his position as retail operations director, succeeding John Colley, who left the business last year after just eight weeks in the role of CEO.
Further changes were announced by the Hobbycraft board, with Matt Davies confirmed as the retailer’s new chairman.
Davies is current CEO of Tesco’s UK and Irish business, but will step down at the end of the month following its merger with Booker plc.
Having been acquired by Bridgepoint in April 2010, Hobbycraft is now the leading specialist retailer of art and craft products in the UK, with 90 stores and a craft database with over three million members.
Speaking in light of the appointments, outgoing chairman Archie Norman said, “Matt is a highly regarded and successful retailer who has worked with some of the UK’s best known retail brands.
“I wish him every success and know that he and Dominic will have a great impact on the continuing future growth of the business with the benefit of the major operational programme we have just completed.”
Hobbycraft Chairman designate Matt Davies said: “This is a unique business that I have followed for many years. I look forward to working with the team to build on its success to make Hobbycraft an even greater place for crafters and enthusiasts alike.”