Ann Summers chief financial officer John Boyle is set to exit the business. He retires after 11 years at the lingerie and sex toy retailer, and will be succeeded by Kristina Moln-Page.
Moln-Page has been promoted to the role of finance director, after joining Ann Summers in 2022, and is expected to take on her new role from July 1, 2024.
She will take on responsibility for the finance and business risk functions at the sex toy retailer and will report directly to chief executive Maria Hollins.
Moln-Page takes on the role with vast retail experience, having started her career at Debenhams before spending ten years at fashion giant Asos, where she held several managerial roles within finance for the business.
Boyle is set to remain on the board as a non-executive director in “an advisory capacity” after his retirement. Ann Summers confirmed he will “continue to work with the Gold family, as he has for over 11 years.”
Boyle is expected to remain as CFO until June 30, 2024, to “ensure a smooth handover and transition within the team”.
He said: “As I embark on this new chapter, I am deeply grateful for the unwavering support throughout my tenure at Ann Summers.
“While I bid farewell to my role as chief financial officer, I am excited about the prospect of remaining closely connected to the business and the Gold family, and I wish Kristina every success as she takes the helm.”
Ann Summers chair Vanessa Gold said: “I want to take this opportunity to thank John for his professionalism and significant contribution to Ann Summers for the past 11 years.
“His contribution has been wide ranging and for that reason I am delighted that he will continue to work with both Ann Summers and Gold family companies in an advisory capacity.
“He brings valuable experience and insight to the board from his many years of retail experience, and I look forward to continuing to work closely with him.”
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