Company News » Ottakars finance chief stands down

Ottakars finance chief stands down

The finance director of book seller Ottakars has announced that he will stand down before Christmas, reports the Financial Times.

Link: New finance director for Connaught

Edward Knighton, is well regarded at the company, has yet to find another job but announced strong results, up 6.6%, for the seven weeks to 18 September.

‘I’ve been with the company for five years and life moves in five-year cycles so it’s time to move on and find a new challenge,’ said Knighton, who will leave in November.

Ottaker’s chairman, Philip Dunne, said the company was in advanced talks with a number of candidates, although no replacement has yet been appointed.

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