Herrick is currently director of finance and treasury at Kesa, a post he has held for a year. He was previously chief financial officer at PA Consulting Group.
He will replace Martin Reavley, who will leave the group at the same time to become first bursar at Kings College Cambridge.
Kesa group chief executive Jean-Noel Labroue said: 'I would like to thank Martin for the outstanding contribution he has made, both to the demerger from Kingfisher and for putting in place the financial infrastructure required for a listed company.'
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