Matalan appoints Nigel Oddy as interim CEO to deliver growth strategy

Matalan has announced the appointment of Nigel Oddy as interim CEO following a comprehensive recruitment process over the past year.

Effective October 3, 2022, he will initially join the company on an interim basis. Oddy has extensive retail experience in senior management positions, most recently at New look as CEO and former COO.

Oddy joined New Look in 2019 and during his three-year tenure strengthened the company by successfully managing the COVID-19 pandemic. He helped enhance the brand’s broad appeal in the mid-market fashion sector while leading the implementation of their omnichannel strategy.

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From April 2017 to 2019 he was CEO of The Range, recognized as the UK’s fastest growing independent discount retail chain, delivering record sales and improved margins during his tenure.

His career prior to 2017 included several other C-suite positions House of FraserFurnitureland and Blacks Leisure, as well as varied roles Marks and Spencer in senior positions in retail, purchasing, merchandising and procurement, giving him a deep understanding and expertise in the retail industry.

Nigel’s priorities will focus on executing the ongoing growth strategy; to drive core business performance; continuing to build and develop our omni-channel capabilities; develop and provide new growth opportunities; and reposition the brand.

Commenting on his appointment, Matalan’s new interim CEO, Nigel Oddy said: “I am extremely pleased to join Matalan and very much look forward to working with the broader team, which includes many long-standing suppliers and franchise partners, while we moving forward in executing the growth strategy of this unique and iconic retail company.

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“I have followed Matalan closely throughout my career and admired his outstanding value and quality orientations. I’ve noticed its particular momentum over the past few years as it has advanced its mission to provide a superior omnichannel experience to the millions of families it serves across the country and beyond.

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“Matalan has a longstanding and loyal customer base and we must continue to offer them and new customers what the company has been known for over the past 37 years – great products at fantastic prices. Now more than ever, value is so important to every buyer.”

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