Greggs has today announced that its long-term chief financial officer has decided to leave the food-to-go retailer after 28 years.
In an announcement to the City this morning, Greggs said that Richard Hutton has informed the board of his intention to retire and step down after 28 years with the retailer and 20 years on its executive board.
Greggs announced it has appointed Ben Waldron as his replacement for Hutton, and said he would take up his new role on October 27 2026, joining from fresh prepared food business Bakkavor Group.
Waldron has worked for Bakkavor for over 14 years in several senior leadership roles, most recently as chief executive of Bakkavor Asia and chief executive of Bakkavor USA.
Before joining Bakkavor, Waldron spent 12 years with Ernst & Young, where he was an audit, advisory and transaction director.
Greggs said that Hutton and Waldron will “work together during the handover period to ensure an orderly transition before Richard retires from the company at the end of 2026”.
Greggs chair Matt Davies said, “On behalf of the board, I look forward to welcoming Ben to Greggs as chief financial officer. He will join the business at an exciting stage in its continued development. His strong financial and commercial expertise, together with his experience in senior operational leadership roles within an international food manufacturing business, will be an invaluable asset to Greggs.
“I would also like to thank Richard for his outstanding commitment and leadership over many years. Since joining the board in 2006, he has played a central role in the development of the business and supported a period of significant growth. We are grateful that he will remain with Greggs to support an orderly handover before his retirement at the end of 2026.”
Greggs chief executive Roisin Currie said: “Richard has been a trusted colleague, and I have greatly valued the partnership we have built over many years. His contribution to Greggs has been outstanding, and he will leave with the warmest thanks and very best wishes from everyone across the company. I am also looking forward to welcoming Ben to Greggs and look forward to working with him as we continue to deliver our ambitious strategic plans.”
Ben Waldron said, “I am delighted to be joining Greggs, a great British brand with a strong culture and exciting opportunities for continued growth. I look forward to working with Matt, Roisin, the board, and the wider Greggs team to support the next stage of the company’s development.”
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