It has been announced that group chief financial officer and company secretary at Majestic Wine, Nigel Alldritt will be stepping down at the company’s AGM today.
Mr Alldritt who has been on the board for 13 years and responsible for IT, logistics and finance will stay at the company for a further three months to do a handover.
James Crawford who will be taking over from Mr Alldritt on August 7, is currently the financial director at Naked Wines, which was acquired by Majestic this year.
Phil Wrigley, chairman at Majestic said: "Following our acquisition of Naked Wines the enlarged Majestic business has entered a new and exciting growth phase as we capitalise on our complimentary skills in stores and online.
“The next three years will be a period of rapid development as we transform the enlarged business into a multi-channel, international wine specialist. We have started to execute our plans at pace and the board has decided that now is the right time to establish the leadership team for the future.
“Nigel has been a great Finance Director and made a huge contribution to Majestic's success during his 13 years with the business. I personally thank him for his hard work and wish him well for the future.”
Mr Wrigley added: "I'm delighted that we have identified a worthy successor in James from within our existing management team. Having worked with James throughout the acquisition process the board is confident that he has the right financial skills, industry knowledge and international experience to help lead us through the next phase of our development."
