The board of Greggs plc has announced the appointment of Matthew Davies as an independent non-executive director and chair designate.
Davies has joined the board with immediate effect, and will be appointed as chair on 1 November, when the current chair, Ian Durant, will step down.
Davies has held a number of executive retail positions, including as CEO for Tesco UK & Ireland, Pets at Home, and Halfords. He is chair of private equity-owned Hobbycraft.
Davies started his career at Arthur Andersen in Manchester, qualifying as a chartered accountant. He then worked as a corporate finance adviser at NatWest Markets and NM Rothschild.
Ian Durant, chair of Greggs, said: “Greggs has undergone a transformation over the past decade and I am proud to have contributed to its achievements as chair. Greggs has entered a new era, now under Roisin Currie’s leadership, and the business is in great shape with a clear strategy. I welcome Matt Davies as my successor as chair and wish him well.”