Frasers appoints former HS2, FRC and HMRC chief to its board
Frasers Group has appointed former HS2, FRC (Financial Reporting Council) and HMRC CEO Sir Jon Thompson to its board as a non-executive director.
Sir Jon has also been a Permanent Secretary of the Ministry of Defence and the retail group said his expertise in corporate governance, reporting and audit, as well as his experience in large-scale project management, would "strengthen the execution of Frasers' long-term growth strategy".
The appointment would also "continue to position the Group as a leading international business", it said.
Frasers Group chair David Daly said: "We are delighted to welcome Sir Jon to the Board. I know that we will benefit from his vast experience and leadership which will continue to enable the future success of the Elevation Strategy."
Michael Murray, CEO of the retail group, which counts House of Fraser, Flannels and Sports Direct among its its brands, commented: "I am pleased to welcome Sir Jon to the Board at a very exciting time for Frasers Group.
"His appointment reflects the progress we have made to date on Frasers' transformation and Elevation Strategy, as well as our ambitions for the future. Sir Jon's expertise in corporate governance and major project management will be invaluable as we enter the next phase of our strategy."
