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Alldritt departs as Majestic Wine CFO as Naked Wine FD replaces him

NIGEL ALLDRITT group chief financial officer and company secretary of Majestic Wine, the UK’s largest wine specialist is to step down from the board at the company’s AGM today.

Alldritt, who will formally leave the business on 5 November 2015, will be replaced by James Crawford, currently finance director of Naked Wines, the customer-funded online international wine outfit bought by Majestic.

Joining Majestic in 2002 as FD, Alldritt served on the board for13 years with responsibility for finance, IT and logistics.

He took over as interim chief executive from Steve Lewis, who resigned from the company with immediate effect in February, following a tough festive trading period.

Lewis had been with the wine retailer for 29 years, with some 16 years on the board and six years as chief executive, having scaled his way to the top after joining as a graduate trainee.

Phil Wrigley, Majestic chairman, said: “Following our acquisition of Naked Wines the enlarged Majestic business has entered a new and exciting growth phase as we capitalise on our complimentary skills in stores and online. The next three years will be a period of rapid development as we transform the enlarged business into a multi-channel, international wine specialist. We have started to execute our plans at pace and the board has decided that now is the right time to establish the leadership team for the future.”

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