// Card Factory hires new finance boss from Costcutter
// Matthias Seeger will replace Kris Lee who will leave the company on 31 January
Card Factory has appointed former Costcutter finance chief Matthias Seeger as its new chief financial officer.
Seeger will replace Kris Lee who will leave the greeting cards retailer on 31 January.
Group financial controller, Simon Comer will join as chief financial officer in the interim, but will not be appointed as a director of the company.
Seeger is expected to join office on 22 May.
Subscribe to Retail Gazette for free
Sign up here to get the latest news straight into your inbox each morning
Seeger has been the CFO of Ambassador Cruise Line Limited since February 2022, having previously been CFO of Costcutter from September 2015 to September 2021.
Previous roles throughout his 31 year career include senior finance roles with Procter & Gamble, in Germany, the UK, Belgium and Switzerland, between 1991 and 2013.
Card Factory CEO, Darcy Willson-Rymer said: “I am delighted to announce that Matthias is joining Card Factory as our CFO. Matthias has extensive financial experience and I look forward to working with him again, confident that his expertise and values will support Card Factory’s strategic projects and significant change programme over the next few years.
“I am grateful to Kris for his tireless work over the years, including successful management of liquidity, steering the business through a series of refinancing through Covid lockdowns and supporting our ‘Opening our new future’ growth strategy. We offer Kris our very best wishes for the future.”
