Three of the retailer’s most senior team members have stepped away from the business in what it described as “unprecedented” times
Luxury department store chain Fenwick has lost three of its most senior team members in a boardroom shake-up.
CEO Robbie Feather, who joined the business in 2017, is among those to have stepped down and will be succeeded by retail vetran John Edgar, the former Chief Financial Officer for rival retailers Selfridges and Harrods.
Richard Pennycook, Non-Executive Chairman, and Andy Doyle, Non-Executive Chair of Remuneration Committee have also quit the Board.
Steve Barber, a current Non-Executive Director, will become interim Chairman for the UK retailer.
In a statement, Fenwick noted that the changes would “bring the family closer to the running of the business” during these “unprecedented” times.
A spokesperson for the family added: “We would like to thank Richard for his guidance during his time as Chairman, and to thank Robbie for all his leadership and dedication in driving the most ambitious transformation in Fenwick’s family.
“We much appreciate Andy’s contribution to the Board also.
“This is an unprecedented time for the retail sector, and we are pleased to welcome John Edgar as Fenwick’s new Chief Executive,” they continued.
“We look forward to working closely with John and the whole team to help guide Fenwick through this incredibly challenging time.”