Shoe Zone’s CEO Anthony Smith is to become executive chairman, succeeding Ian Filby, with CFO Nick Davis stepping up to become chief executive officer.
Non-executive Jeremy Sharman will become non-executive deputy chairman. Sharman will chair the company’s audit committee and sit on the remuneration committee.
Anthony Smith has been with Shoe Zone for 20 years, leading the company through a series of acquisitions and a flotation in 2014. A statement from the company said: “Anthony will continue to have a hands-on role in the company and will have particular responsibility for the property portfolio and strategy.”
Smith said: “I would like to thank Ian for his guidance and support since he joined the board for the IPO in 2014. His retail experience has been invaluable to the company as we adjusted to life as a listed company and we wish him all the very best in the future.
“I am also pleased that Nick has agreed to become CEO. Nick has been with the business for 13 years and has been instrumental in assisting Charles [Smith, COO] and me to drive both organic and acquisitive growth as well as our successful entry into online fulfilment.”
The company said further non-executive appointments would be announced.