2 Sisters Food Group has announced that its current Group Chief Financial Officer Craig Tomkinson is stepping down from his role and will be leaving the business in July.
He has held the position for almost six years, working in total for the company for over a decade. A statement said Tomkinson had decided on a career break before taking on new opportunities.
He will officially hand over responsibilities to new CFO Nigel Williams at the start of April after an induction process. Tomkinson will then focus on other “key projects” until his official departure date later in the year.
2 Sisters Food noted that Williams is a highly-experienced CFO with more than 20 years leading food and beverage retailers. Having relocated back to the UK last year, he spent the previous eight years in Australia as CFO at global business Collins Foods. Prior to that, he was Finance Director for Starbucks UK.
Executive Chairman Richard Pennycook commented: “On behalf of the Board, we would like to thank Craig for his significant contribution over the years and his considerable talents in helping transform 2 Sisters for the better. Craig has played a critical role in helping us to overcome some tough external challenges in recent years and setting us up for future success. We wish him and his family all the very best.
“We would also like to welcome Nigel to the Board. He has a first-class track record in financial leadership roles, and we look forward to working with him in taking the business forward to the next stage of its evolution.”
Reports noted that the change comes ahead of a major refinancing at Boparan Holdings, the company that owns 2 Sisters Food Group.
