UK supermarket Sainsbury today (Monday) announced that Darren Shapland has been appointed chief financial officer.
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He will join both the supermarket’s operating and plc boards. The effective date of this appointment has not yet been determined.
Darren joins from Carpetright plc where he has been group finance director since 2002. He has a strong track record in retail brands having previously been finance director for Superdrug Stores plc and spent 12 years in a variety of operational and financial posts with Arcadia plc (previously Burton Group), Sainsbury said.
Darren replaces Roger Matthews who announced his intention to leave Sainsbury’s in October 2004. Roger will stay with the company until after the preliminary results in May 2005.
Justin King, chief executive said: “I’m delighted that Darren will be joining Sainsbury’s. He has excellent experience in the retail sector and has undertaken a number of hands-on and broad financial roles. He will be a great asset to Sainsbury’s and the company’s management team as we continue to implement the plans outlined last October.”
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By GlobalDataDarren Shapland said: “I believe the Sainsbury’s brand has great potential and look forward to being able to play a key role in the company’s future plans.”
Philip Hampton, chairman of Sainsbury’s said, “I’m pleased to welcome Darren to the plc board and look forward to working with him. I’d also like to thank Roger Matthews for his significant contribution to Sainsbury’s during a time of great change for the company.”
