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Justin King appointed chairman of Wyevale Garden Centres

Wyevale Garden Centres logo 725 x 500

Terra Firma has appointed Justin King, the former CEO of Sainsbury's, to the role of chairman at Wyevale Garden Centres. 

King joined Terra Firma last year to oversee its multibillion pound portfolio of investments.

He replaces Stephen Murphy who has held the role since 2012, when Terra Firma bought Wyevale (then the Garden Centre Group) at a cost of £276m.

Terra Firma has also appointed two other board members: Alex Williams and David Hobbs, who are involved in refinancing and strategy, respectively. 

A spokesperson from Wyevale Garden Centres said:
"Following the successful introduction of new executive management, and as Wyevale Garden Centres enters the next phase of growth, both Terra Firma and Stephen Murphy agree that, for the next phase of its journey, the business would greatly benefit from Justin's experience and knowledge of Wyevale Garden Centres.

"Justin has over thirty years of experience in retail and consumer goods businesses and a strong knowledge of Wyevale Garden Centres’ business model. In order to effect a seamless transition Justin will be taking over as Chairman with immediate effect."

In March 2016, Wyevale confirmed that it had appointed Roger Mclaughlan to the role of Chief Executive Officer.

Source : Insight DIY

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22 August 2016

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