Maplin has announced that Oliver Meakin will become their new CEO starting from September 1st as well as reporting positive full-year trading results.
The current CEO, John Cleland will step down and take a non-executive director role within Maplin and will hand over to Mr Meakin, the current managing director for Maplin Direct.
Darren Shapland, Maplin’s chairman, who joined the electronic enthusiast company last summer, said Mr Cleland had completed a three year plan that has “improved stores, wider range and a focus on customer service”
Mr Shapland added that Mr Cleland had led Maplin’s 2,600 employees “with drive and commitment which is second to none. With this stage complete this is a natural time to handover to Oliver who has worked closely with John over the last three years and can build on the solid platform which has been put in place.”
In other news, Maplin saw its strongest annual sale growth since 2008 with total sales up 6.3% to £236 million.
The electronics retailer investment in in new internet capability through Hybris and new supply chain capability with i-Force, assisting its online sales jump to 20.6%, and represent 10% of the retailer’s turnover.
