Hoskins was brought in along with Bill Grimsey – who took the role of chief executive – by US hedge fund Cerberus, which bought the business for£1 last June.
Since coming into the business, Hoskins and Grimsey – often referred to as “the Bills” – sold a third of Focus’ stores and brought in former colleagues to beef up the management team. Hoskins will be replaced by former Boots and Halfords finance director Andrew Unitt.
Focus said: “After a very busy period of being involved in the restructuring of the business Bill Hoskins has made the difficult decision to resign his position. The nature of the business has meant that he spent a considerable amount of time away from home and this will now allow him to spend more time with his family.”
His resignation has brought to an end a decade of working alongside Grimsey in which the pair have worked on many retail revivals including DIY chain Wickes and food chain Iceland.
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