Primark appoints former Ikea parent group exec as new chief financial officer

Lucy Slinger joins the fashion high street retailer from her role as deputy chief financial officer at Ikea franchisee Ingka Group.

Her previous role saw her operate across 32 countries, and she brings experience of leading an international consumer and business. She also spent over two decades at Shell in various senior finance roles.

Primark said she will bring expertise in finance transformation, operational and financial performance management, and strategic capital allocation across complex global businesses and supply chains.

Her new role at Primark will be to play a critical role in its long-term growth strategy as it continues international expansion and works to become a standalone company.

Slinger is another addition to the retailer’s leadership team following the appointment of Filip Ekvall as chief commercial officer, announced in March.

Primark chief executive Eoin Tonge said: “I’m delighted to welcome Lucy to Primark at such an important moment for the business. She brings deep financial expertise from large global organisations, alongside an impressive track record in disciplined investment and operational performance. 

“As we accelerate our growth strategy and prepare for a standalone future, her leadership will be invaluable. I look forward to working closely with her as we shape the next phase of Primark’s growth.”

Slinger added: “I am excited to be joining Primark at such a pivotal point in its journey. Primark is a unique business with a strong growth ambition and distinctive customer proposition, built on making great fashion accessible while continuing to drive quality and sustainability.

“I look forward to working with Eoin and colleagues across the business as Primark continues to grow internationally and invest for the future.”