Clarks appoints three new non-executive board members

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Clarks board
// Peter Clark, Stephen Bolton &d Victor Herrero appointed non-executive directors of Clarks
// Clark joined in November last year, Bolton & Herrero joined this month

British footwear retailer Clarks has bolstered its board of directors with the appointment of three new non-executive members.

Peter Clark joined last November while Stephen Bolton and Victor Herrero were appointed with this month.

Clark is managing director of Cannon House Partners, a privately held, US-based investment firm where he directs activities in real estate and equity investments.

Previously, he was an analyst with the Seattle office of HAL Holdings, a Monaco-based investment group, where he specialised in real estate acquisitions and development.

Victor Herrero was previously chief executive and director of fashion retail giant Guess between 2015 and February this year.

Prior to this he spent more than 12 years at Zara parent company Inditex, holding several senior executive roles, where most recently he was head of Asia Pacific and managing director of Greater China.

Meanwhile, Stephen Bolton is an experienced finance executive. Until last year, he spent 12 years at alcohol firm Diageo, where most recently he was group controller from 2011–2018.

Prior to this, he was head of global audit, risk and compliance. He has also held senior roles at Unilever and has lived in Asia.

“I am delighted to welcome Peter, Victor and Stephen as non-executive directors,” Clarks chairman Tom O’Niell said.

“They will each bring distinct expertise and strong senior business experience to the Board, which will be invaluable as Clarks enters a new phase of growth and transformation.”

The news follows Clarks’ announcement in February that Giorgio Presca would take on the role of chief executive – six months after Mike Shearwood stepped down following an complaints about his conduct.

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