// Unbound names Alastair Miller as independent non-executive director with immediate effect
// Miller was the chief financial officer at New Look between 2000 and 2014
Unbound Group has appointed Alastair Miller as an independent non-executive director to the company’s board with immediate effect.
The parent company of Hotter Shoes said Miller carries an excellent understanding of the dynamics of ecommerce and AIM-listed businesses with significant experience in the retail industry.
Miller will be appointed chair of the company’s audit and risk committee and will also become a member of the remuneration committee and nominations committee, effective on December 31.
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Miller is currently a non-executive director and chairman of the audit committee at Superdry.
Prior to that, he was the chief financial officer at New Look between 2000 and 2014 where he joined from motoring company RAC as the group finance director.
Unbound Group chair of the board Neil Johnson said: “I am delighted to welcome Alastair Miller to the Board.
“His recent and relevant expertise and proven abilities will further strengthen governance and will add significant strategic value to the Board and the Group.
“The Board restructure and streamlining forms part of our wider focus on costs across the business.”
In September, the retailer said it made an EBIT loss of £0.3 billion following costs relating to the launch of its curated multi-brand platform for its core 55+ demographic.
Despite this, it reported an “encouraging first half performance” as revenue growth surged 10.4% to £27.6 million.
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