// Moss Bros hires Bill Adams as chief financial officer
// Adams is at present the interim chief financial officer of Ted Baker
// He will join office in February 2020
Moss Bros has poached the interim chief financial officer of Ted Baker, Bill Adams as its new chief financial officer.
Adams is due to join office in February next year, replacing Tony Bennett who is leaving for personal reasons.
He was previously the chief executive of home shopping group Ideal Shopping, and has also held senior finance roles at Argos and Homebase.
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“Bill has considerable experience across a variety of different retail businesses, and will no doubt bring valuable additional insight to the business,” Moss Bros chief executive Brian Brick said.
“We have recently implemented a clear and comprehensive strategy with clarity, unity and focus in place across the business,” he said.
“Bill will join us at a time where we can leverage the Moss Bros brand further into new channels. I believe Bill’s experience will enable him to make an immediate contribution to our future.
“I would like to take this opportunity to thank Tony on behalf of all at Moss Bros for his considerable contribution and support he has given and wish him well for his future endeavours.”
Moss Bros had announced a boardroom reshuffle in August when it appointed Avis Darzins as non-executive director.
Non-executive director Maurice Helfgott resigned on October 1 after nine years at his role, while Alex Gersh will be on hand to replace him.
Helfgott agreed to stay on the board and support chairman Colin Porter until the next annual general meeting in May 2020.