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Birmingham Post
Birmingham Post
Business
Jon Robinson

Matalan makes chief commercial officer redundant

Matalan has made its chief commercial office redundant.

The Liverpool-headquartered company said the role was being axed following a review by interim chief executive Nigel Oddy.

As a result, James Brown has stepped down as a director and left the business with immediate effect.

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Mr Brown had been in the role since September 2020, having first worked for Matalan from 2001 to 2006.

He started his career at Marks & Spencer and has also worked for Littlewoods, Sainsbury's and Argos.

The news comes after the founder of Matalan stepped down as chairman in September to make a bid for the retail chain after it was put up for sale.

John Hargreaves founded the Liverpool-headquartered company in 1985 and only returned as chairman in July after executive chair Steve Johnson stepped down.

Mr Oddy joined the company as interim CEO on October 3 having previously been the CEO of New Look and chief executive of The Range.

He has also held roles at House of Fraser, Furnitureland, Blacks Leisure and M&S.

Matalan's revenue for its second quarter, the 13 weeks to August 27, totalled £286.4m, up from £264.7m in the same period last year.

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