John Goold, the man whose Kelso investment company has urged THG to make major changes, has joined another Manchester ecommerce group.
The CEO of Kelso Group Holdings has been appointed as a Non-Executive Director of Boohoo Group PLC.
He will be Chairman of its Audit Committee and will also be a member of its Nomination, Remuneration and Risk committees.
“John has deep operational and advisory experience at Board level gained over an extensive career that has seen him found, run and support businesses across a variety of sectors,” said Mahmud Kamani, Group Executive Chairman.
“He is held in very high regard throughout the public markets and we look forward to benefitting from his insight and rigour both as a Non-Executive Director and as Chairman of the Audit Committee. John will strengthen the Board and be a great asset. With a well-balanced and high-quality set of Executive and Non-Executive Directors we are in a strong position as we set about achieving our ambition to be the global fashion leader.”
Starting out as a chartered accountant in 1996 with Touche Ross (later Deloitte), he co-founded Arden Partners, before joining Zeus Capital as Chief Executive Officer.
He is also a Non-Executive Director of Oncimmune Holdings plc.
The 51-year-old has no shares in Boohoo.
Last week, his Kelso Group increased its shareholding in THG as it saw the “significant intrinsic value” of its nutrition business.