// Boots’ CFO Michael Snape has quit after five years
// He will be replaced by fellow finance exec Sam Hunter
Boots’ chief financial officer Michael Snape has quit the health and beauty retailer after five years.
Snape is understood to have resigned last month and will be replaced by existing Boots finance executive Sam Hunter, Sky News reported.
“After almost five successful years at Boots, Michael Snape, chief financial officer, Boots & No7 Beauty Company, has decided to leave the business,” the retailer said in a statement.
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“During his time at Boots, Michael played a key role in successfully transforming Boots and we wish him all the best for the future and in his next role.”
Snape joined the retailer in 2018 as its finance boss after climbing the ranks in Sainsbury’s, Waitrose and Tesco at the start of his career.
His departure comes a year after Boots owner Walgreens Boots Alliance abandoned its plans to sell the retailer as the interested parties failed to meet its asking price.
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