Colin Elliot has been tapped as Chief Financial Officer of premium British department store group House of Fraser, effective from May 1, 2015.
He succeeds Mark Gifford, who previously held the role for eight years and is to remain with the group to the end of September 2015, to ensure a smooth transition. In his new role, Elliot will join the group Board and will be reporting directly to Nigel Oddy, Chief Executive Officer.
“We are delighted to announce Colin’s appointment as Chief Financial Offier, and I would like to personally welcome him to the team," commented Oddy on the new appointment. "He brings a wealth of experience to the business as we continue our growth and expansion both in the UK and internationally."
“I would also like to take this opportunity to thank Mark for his significant contribution to House of Fraser over the last thirteen years.”
Mark Gifford, current group CFO, added: “I have thoroughly enjoyed my time as CFO for House of Fraser. I have had the honour of working with a very talented team of people and I have every confidence that House of Fraser will continue its successes in the years to come.”
Elliot brings over 25 years of experience with him, most recently serving as Group Finance Director of De Vere Group, the hotels and leisure business.