Goodbye Ben Fletcher. The Very Group has announced its long-standing chief finance and transformation officer is stepping down after almost six years “to pursue his long-standing interest in politics”.
Very Group
The departure coincides with reports suggesting ownership of digital fashion/lifestyle retail giant is expected to transfer to one of its major lenders, US investment giant Carlyle Group, from current owner, the Barclay family, this autumn.
The retailer said its current finance director Ed Fry will assume the role of interim group CFO following Fletcher’s departure this month.
A search for a permanent replacement, “which will consider both internal and external candidates, is currently underway and an announcement will be made in due course”, the Very UK and Littlewoods brands operator said.
Group CEO Robbie Feather added: “I would like to take this opportunity to thank Ben for everything he has contributed to the business and wish him the best of luck for the future. From navigating the pandemic and Brexit, to being a passionate advocate of our charity partnerships with Coram Beanstalk and the National Literacy Trust, Ben has played an integral role in supporting us in our mission to help families get more out of life.”
