REG - DFS Furniture PLC - Directorate Change

DFS FurnitureAnnouncement

12/07/2024 07:00

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RNS Number : 1148W  DFS Furniture PLC  12 July 2024

12 July 2024

 

DFS Furniture plc

Directorate Change

 

DFS Furniture PLC is pleased to announce the appointment of Mr Bruce Marsh as
an Independent Non-Executive director of the Company effective from 1st August
2024. Mr Marsh will also be appointed as a member of the Audit Committee,
Remuneration Committee and Nomination Committee, from that date.

Steve Johnson, Chairman said, "I am delighted that Bruce is joining the Board.
His significant retail experience as the CFO of Curry's PLC is directly
relevant to the  DFS's  strategy.  His extensive experience leading finance
teams, maintaining robust financial controls and improving planning and
performance, for "big ticket item" retailers will bring valuable experience
and insight to the Board.  I look forward to working closely with Bruce over
the next few years."

Bruce is the CFO of Curry's PLC,  and previously held senior positions with
Tesco plc, Kingfisher plc and Dixons Retail plc. Bruce brings a strong
financial track record over many years in retail, and in the successful
delivery of large complex business transformations in rapidly changing
environments.

Mr Marsh does not currently hold any DFS Furniture Plc shares and no further
information in connection with his appointment is required to be disclosed
pursuant to Listing Rule 9.6.13R.

DFS further announces that independent non-Executive Director, Loraine
Martins, has decided to step down from the Board of Directors with effect from
the 31st July 2024.

Steve Johnson, Chairman, said, "I would like to thank Loraine for her valued
contribution as a member of the DFS Furniture Board of Directors. Loraine has
used her considerable experience in Equality, Diversity, and Inclusivity in
supporting the Company's People strategy. On behalf of the entire Board and
the Company, I wish her the very best."

 

DFS (enquiries via Teneo):

Liz McDonald (Group Company Secretary)

 

Teneo

James Macey-White

Jessica Reid

Ayo Sangobowale

+44 (0)20 7353 4200

85fs.dfs@teneo.com

 

About DFS Furniture plc

The Group is the clear market-leading retailer of living room furniture in the
United Kingdom. Our Group purpose is to bring great design and comfort into
every living room, in an affordable, responsible and sustainable manner.  We
operate an integrated physical and digital retail network of living room
furniture showrooms and web sites in the United Kingdom and Republic of
Ireland, trading through our leading brands, DFS, Sofology and Dwell. We
attract customers through our targeted and national marketing activities and
our reputation for high quality products and service, breadth of product offer
and favourable consumer financing options.  We fulfil orders for our
exclusive product ranges through our own three UK finished goods factories,
and through manufacturing partners located in the UK, Europe, and Far East,
and delivered with care through our expert final-mile delivery service "The
Sofa Delivery Company Limited".

 

 

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