Former cruise ship business CFO appointed at Card Factory

Cards and gifts retailer, Card Factory, has appointed Matthias Seeger as its new chief financial officer.

He has been CFO of Ambassador Cruise Line Limited since February 2022, having previously been CFO of Costcutter Supermarkets Group from September 2015 to September 2021.

Earlier roles throughout his 31 year career include senior finance posts with Procter & Gamble, in Germany, the UK, Belgium and Switzerland, between 1991 and 2013.

He has a Master’s Degree in Engineering and an MBA from the University of Texas. Seeger is expected to join Wakefield-headquartered Card Factory on 22 May 2023.

The company has now agreed that current CFO Kris Lee will leave the company on 31 January 2023, at which time he will step down from the company’s board.

Pending Seeger joining Card Factory, Simon Comer, currently group financial controller, will be appointed as interim chief financial officer, but will not be appointed as a director of the company.

Comer has been group financial controller since June 2021, having held previous senior finance roles, including CFO roles, in private equity and listed companies.

Darcy Willson-Rymer, chief executive officer, said: “Matthias has extensive financial experience and I look forward to working with him again, confident that his expertise and values will support Card Factory’s strategic projects and significant change programme over the next few years.

“I am grateful to Kris for his tireless work over the years, including successful management of liquidity, steering the business through a series of refinancing through Covid lockdowns and supporting our ‘Opening our new future’ growth strategy. We offer Kris our very best wishes for the future.”