Online retailer THG has named a new chief financial officer as the previous postholder John Gallemore changes responsibilities.

THG – formerly known as The Hut – has named Damian Sanders as chief financial officer, while Gallemore has become chief operating officer.

Sanders originally joined THG as a non-executive director two years ago and was formerly a senior audit manager at Deloitte.

Gallemore had previously been responsible for finance and operations functions, but will now “focus solely on the role of COO and build on the excellent progress he has overseen in THG’s global fulfilment footprint”.

THG chief executive Matthew Moulding said: “Damian has played a key role since joining the group and board, chairing to great effect numerous important projects over the past two years, not least the recently delivered divisional reorganisation. Damian’s experience and energy will prove invaluable as we look to deliver the key initiatives planned for 2023 and beyond.

“I’m also delighted to appoint John as COO, which follows a smooth and expansive roll-out of the group’s global distribution network, alongside his excellent work in leading Ingenuity through its formative years.

“John’s knowledge of the business is second to none, and the appointment of Damian will allow John to work closely with me on further evolving the commercial and operating models of each of our divisions.”