House of Fraser is losing two more executives amid a restructure of its senior team.
Chief operating officer Peter Gross and chief information officer Julian Burnett, who have been in their roles since 2008 and 2015 respectively, are both leaving the embattled department store business as a result of the changes.
Gary Slattery, who has been retail director since 2016, will now take up the newly created role of executive director for retail.
Gary Monk, who was appointed to the role of transformation director last year, will become executive director for operations.
A House of Fraser spokeswoman said: “Both [Slattery and Monk] are already delivering key elements of House of Fraser’s transformation and these new roles give them the ability to move at pace to ensure the critical delivery of the major programmes underway across the business.”
The exits follow a raft of senior departures from across the business over the past two years, including those of chief customer officers David Walmsley and Andy Harding and chief executive Nigel Oddy.
The business, which was hit by a credit ratings downgrade in December, fared poorly over the golden quarter, with in-store sales shrinking 2.9% and online sales slumping 7.5% in the six weeks to December 23.
No comments yet