Majestic Wine shakes up boardroom after “superb Christmas”

Majestic Wine has revealed details of its new subscription model, The Wine Club aimed at providing more than just high quality bottles.ln Natalie Thng Suzanne Kielty Robert Cooke
Members will get a chance to meet winemakers, access in-depth content and more.
// Majestic Wine implements a management reshuffle
// It has poached Britvic HR director Suzanne Kielty as its new people director
// Managing director John Lincoln has exited after 2 years at the role

Majestic Wine has revealed its managing director of two years, Josh Lincoln, has stepped down from the business amid a management reshuffle.

The alcohol retailer’s executive chairman and chief executive John Colley has set his sights on reshaping his executive team.

Chief customer officer Natalie Thng has also exited the business, Retail Week reported.

READ MORE: Majestic Wine bottles 4.3% sales rise during Christmas

Meanwhile, Majestic Wine poached Britvic HR director Suzanne Kielty as its new people director.

The retailer’s buying and merchandising director Robert Cooke has been promoted to chief commercial officer.

Cooke joined from Big 4 leader Tesco last April, where he was the beers, wines and spirits boss.

Majestic Wine is expected to name a new chief customer officer in due course, but Lincoln will not be directly replaced, with Colley assuming the role of chief executive.

Colley was initially named as executive chair when he returned to Majestic Wine in August 2019 – two years years after quitting to take the reins at Hobbycraft – following Majestic Wine’s takeover by US private equity group Fortress.

Earlier this month, Majestic Wine recorded a sales rise during the festive period thanks to increased sales in English wine, cremant and spiced rums.

Like-for-like sales increased 4.3 per cent in the three months to December 30.

“2020 at Majestic will be a pivotal year, as we celebrate our 40th year and begin the process of building for the future – under new private ownership,” Colley said.

“We’ve started well, with a superb Christmas performance, and are now preparing for our next chapter with a new strategy.

“Ensuring we have the right leadership team in place, with the right skillset, to deliver our future business plans is crucial to the success of Majestic this year, and beyond.

“That is why we have acted to make these recent changes to the retail board. I am very very excited about the future.”

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