Ted Baker names ex-Hobbs CEO Meg Lustman as one of two new board members

Ted Baker names ex-Hobbs CEO Meg Lustman as one of two new board members
Their appointments are made with immediate effect.
// Ted Baker appoints Fumbi Chima and former Hobbs CEO Meg Lustman as non-executive directors
// Meg Lustman has 35 years of experience in retail, Fumbi Chima has held senior roles with Adidas, Burberry & Walmart

Ted Baker has appointed Meg Lustman and Fumbi Chima to its board as non-executive directors with immediate effect.

Lustman has more than 35 years’ experience in the retail sector and is a former chief executive of Hobbs.

She currently supports chief executives and senior leaders in an advisory capacity and serves as vice chair at Glasgow Caledonian University.

READ MORE: Ted Baker to move to a new HQ in Fitzrovia

Meanwhile, Chima is currently chief information officer at BECU, a US-based credit union, and is also a non-executive director of Whitbread.

Her career has also included senior roles at Adidas, Fox Network Group, Burberry, Walmart and American Express.

Lustman said: “Ted Baker is a unique brand and I’m pleased by the opportunity to support the board and senior management team to fully realise its potential.

“While still early in its transformational journey, the brand is regaining confidence and I’m excited to see the customer reaction to the strengthening proposition.”

Ted Baker chairman John Barton said: “I’m delighted to welcome Fumbi and Meg to the group board. They bring new experience and skill sets to the Group at an exciting time for Ted Baker.

“We are one year into the transformation plan and, even despite the impact of Covid-19 over the course of the last year, our business is in a much stronger place than it was.”

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