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Clarks CFO and CEO booted out

FINANCE CHIEF Robin Beacham and CEO Melissa Potter have stepped down from Clarks with immediate effect.

The board believes new leadership is required “to meet and overcome the challenges ahead”, with an ambition to drive global growth.

Group financial controller Mike Coley will serve as interim CFO, while chairman Thomas O’Neill will serve in an executive capacity until a new CEO is appointed.

O’Neill expressed his gratitude for the executives’ efforts, which included guiding the business through significant changes in the sector.

“Melissa and Robin have helped to navigate Clarks through significant changes in the sector and turbulent markets conditions across the globe,” said O’Neill.

“The search will be a key focus for the board, to ensure that the new leaders of the business have a clear understanding of what it takes to build a successful future, ensuring that Clarks continues to resonate and attract consumers across the world with innovative products that stand for quality and exemplify the very heritage that Clarks works so hard to maintain and develop,” he added.

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