Wilko names restructuring specialist as new CEO
Budget high street giant Wilko has appointed former Bensons for Beds boss Mark Jackson as its new CEO.
The news comes amid a turbulent period for the retailer, which recently brought in advisors after a combination of soaring inflation, shipment delays and store closures impacted its bottom line.
As we reported last month, Wilko made a loss of £36.8m for the year to January 29 – a huge swing in the wrong direction from the £4.5m profit it made in 2021.
Jackson, a restructuring expert, has been named CEO designate and will... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
