New Moss Bros CFO to join from Ted Baker in 2020
Ted Baker's loss is Moss Bros’s gain as the latter company announced on Tuesday that it has named Bill Adams as its new chief financial officer.
He will take over the role from Tony Bennett, who has decided to step down from the board "for personal reasons" and will leave by February next year. Adams will join shortly before he leaves and will complete a handover with the outgoing executive.
Adams is currently interim CFO at Ted Baker, before which he was CEO at Ideal Shopping, a role he was appointed to following a period as CFO.
He has held a number of senior positions in finance roles at UK retailers previously, including finance director at Argos for three years from 2013 to 2016 and finance director at Homebase before that.
Moss Bros said he’s “a strong commercial CFO with a successful track record in developing and delivering retail strategies”. CEO Brian Brick added that he “has considerable experience across a variety of different retail businesses, and will no doubt bring valuable additional insight to the business. Bill will join us at a time where we can leverage the Moss Bros brand further into new channels. I believe Bill's experience will enable him to make an immediate contribution to our future”.
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