Clarks has appointed three non-executive directors as it begins a new chapter under new chief executive Giorgio Presca.
The new non-executives are: Peter Clark, Stephen Bolton and Victor Herrero. Clark joined the board in November but was only confirmed today, while Bolton and Herrero joined on April 1.
Clark is managing director of US-based investment firm Cannon House Partners where he directs its real estate and equity investment operations.
Bolton is a finance executive who was most recently group controller with alcoholic beverage company Diageo.
Herrero was previously chief executive and director of lifestyle brand Guess Inc, and has worked for Inditex.
Chair of Clarks Tom O’Neill said: “I am delighted to welcome Peter, Victor and Stephen as non-executive directors. They will each bring distinct expertise and strong senior business experience to the board, which will be invaluable as Clarks enters a new phase of growth and transformation.”
The appointments come as the footwear brand looks to consolidate after a tough 12 months. As Retail Week revealed, Presca was appointed chief executive of Clarks in February, six months after Mike Shearwood quit the business following allegations of misconduct.
As Retail Week also revealed, the footwear brand recently closed its last UK-based manufacturing hub in Morelight, Somerset, in early March following a consultation. The multimillion-pound factory, which only opened in 2017, had fallen below both production and cost targets and its closure resulted in the loss of 35 jobs.
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