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Joules appoints new CFO

Joules appoints new CFO

Joules has appointed Caroline York as its new chief financial officer (CFO) to support the group’s next stage of growth.

Caroline York - Joules CFOYork, who is currently serving as Moneysupermarket’s group finance director, will take up her new role no later than September 2021. She has previously held finance leadership positions at Heathrow & BAA, and also worked for Atos KPMG and PwC.

Outgoing CFO Marc Dench will step down from his position on the board on 11 May. However, after this date, he will still be available in a consultancy capacity.

In the interim period, Jon Dargie, Joules’ finance controller, will act as caretaker CFO reporting directly into the board.

Ian Filby, non-executive chairman of Joules commented: “Caroline’s extensive experience in senior finance roles at strong consumer brands and digital-led businesses made her the stand-out candidate for the role.

“I would like to reiterate our thanks to Marc for his significant contribution to Joules during his time with the Group and his commitment to ensure a smooth transition of responsibilities.”

Nick Jones, chief executive officer of Joules, said: “We are delighted that Caroline is going to be our next CFO and I am looking forward to working closely with her to deliver the next chapter of Joules’ long-term growth and development. I have no doubt that Caroline’s extensive understanding of digital and brand-led businesses will be of great value to Joules moving forward.”

Caroline York, incoming CFO of Joules, added: “The business has a very exciting future with significant opportunities to expand the brand and continue to develop its first-class digital proposition.”

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