Fashion retailer Joules has poached its new chief financial officer from price comparison business Moneysupermarket to replace outgoing CFO Marc Dench.
The retailer said Caroline York would join Joules no later than September this year from Moneysupermarket where she is currently group finance director.
She is set to replace Marc Dench, who announced he would be stepping away from the retailer in January. Dench is set to leave on May 11 but “will remain available to the group in a consultancy capacity to ensure a smooth transition of responsibilities to Caroline”.
Until York joins the business formally, the role of chief financial officer will be fulfilled in an interim capacity by the retailer’s current group finance controller Jon Dargie.
York joined Moneysupermarket in 2018 from international airport group Heathrow and BAA, where she worked for more than a decade as head of commercial finance and then head of strategic planning.
She began her career as a consultant working with the likes of IBM and Atos KPMG.
Joules chief executive Nick Jones said: “We are delighted that Caroline is going to be our next CFO and I am looking forward to working closely with her to deliver the next chapter of Joules’ long-term growth and development.
“I have no doubt that Caroline’s extensive understanding of digital and brand-led businesses will be of great value to Joules moving forward.”
York said: “Joules is a brand I have long admired and I am delighted to be joining as the group’s new CFO. The business has a very exciting future with significant opportunities to expand the brand and continue to develop its first-class digital proposition.
“I am looking forward to joining the team and helping the business to continue create value for all stakeholders.”
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