Ted Baker plc (LON:TED), the global lifestyle brand, has announced the appointment of Marc Dench as Chief Financial Officer (CFO) of the Group with effect from today (8th March 2022). Marc will join the Board and help lead the next phase of the Company’s transformation, succeeding David Wolffe who is leaving to pursue another opportunity and will resign as a director with immediate effect.
Marc Dench is an experienced retail and brand leader who joins the Company from Health Hero, the digital health platform. Before joining Health Hero, Marc spent over five years as CFO and director of Joules Group PLC, the international retail brand, where he supported the company through IPO, strategic growth and its transformation to a data and digitally led business.
Prior to joining Joules, Marc was CFO of the Global Brands and International Retail division of Walgreens Boots Alliance and held a number of finance and corporate development roles across businesses including Walgreens Boots Alliance, HomeServe and Experian.
David Wolffe, who has served as Chief Financial Officer since early 2020, has played a crucial role in the first phase of Ted Baker’s transformation, leading the Company’s recapitalisation and helping to put the business back on a path to growth.
Rachel Osborne, Ted Baker Chief Executive Officer, said: “I would like to thank David for his support and dedication over the last two years in stabilising the business and strengthening Ted Baker’s foundations.
As we look forward, I am delighted to welcome Marc to the team. His extensive retail, brand and digital experience will be a great asset to Ted Baker as we shift our focus to the next stage of growth for this great global lifestyle brand.”
