New CFO for Go Outdoors
GO OUTDOORS, the Sheffield-headquartered retailer of outdoor equipment and clothing, has appointed Claire Webb as chief financial officer.
Webb will join Go Outdoors from Maplin where she led the retailer’s finance, legal and HR functions. She oversaw refinancings and the sale of the business to Rutland Partners earlier this year.
Chris Morgan, current CFO, leaves Go Outdoors after several successful years with the business, during which he has been instrumental in improving the company’s financial performance and in negotiating a refinancing that is fuelling further growth.
Webb will join the board of Go Outdoors in early 2015.
Chris Matthews, CEO, said: “I am looking forward to Claire joining the board and supporting the wider team as we enter Go Outdoors’ next stage of development. She has a strong track record and will be a very welcome addition to the team.
“On behalf of the board I would like to extend our deep thanks to Chris Morgan. He has been instrumental in helping the company deliver record sales and achieving financial stability and he led the refinancing of the company last year. I wish him every success in the future.”
Last week Go Outdoors announced record sales of £174m for the year 2013/14 and EBITDA of £10.2m, up from £9.4m in the previous year.
The business is privately-owned and backed by 3i and YFM Equity Partners.
