The chief financial officer at Marks Electrical Group, the Leicester-based online electrical retailer, is set to leave the company to take up a new role as chief financial officer of Roadchef.
Marks Electrical is now commencing a process to appoint a successor. Josh Egan, who remains a director of the company, will continue to fulfil his current role, which will include supporting the business through its preliminary results in June and facilitating a smooth transition.
Mark Smithson, CEO of Marks Electrical, said: “Josh has made a great contribution to the transformation of Marks Electrical, bringing professionalism and rigour to the finance function and through wider support across the business. Our financial controls, reporting and financial discipline are in a far stronger place than when he arrived.
“Under his guidance, we have improved our financial and operational capabilities, creating a strong platform for our future success. He has been a great colleague, and we thank him for his efforts at Marks Electrical and wish him well in his new role.”
Josh Egan, CFO of Marks Electrical, said: “It’s been a pleasure to work with Mark and the team, as we transitioned from a successful family-owned business to a publicly traded company. It’s never an easy decision to leave a great business, especially with the progress we have made over the last few years.
“However, the opportunity has arisen for me to take on an exciting new challenge. I leave Marks Electrical in a good position and have every confidence that the business will continue to flourish, as it executes on its strategy of driving profitable market share gains to become the UK’s leading premium electrical retailer.”
