– UK, London – Ted Baker plc (LON: TED), the global lifestyle brand, today announced the appointments of Fumbi Chima and Meg Lustman to its Board as Independent Non-Executive Directors with immediate effect.
“I’m delighted to welcome Fumbi and Meg to the Group Board. They bring new experience and skill sets to the Group at an exciting time for Ted Baker. We are one year into the transformation plan and, even despite the impact of Covid-19 over the course of the last year, our business is in a much stronger place than it was. On behalf of the entire Board, we look forward to working with Fumbi and Meg as the brand continues to strengthen and prosper.” said Board Chairman, John Barton.
About Fumbi Chima
Fumbi Chima is currently Executive Vice-President and Chief Information Officer at BECU, the US-based credit union. Having previously served in similar roles at adidas, Fox Network Group, Burberry, Walmart Asia’s operations, and American Express, Fumbi is adept in digital transformation strategy in high-growth environments across a range of industries.
Fumbi Chima said: “As Ted Baker continues to make progress with its transformation plan, I look forward to being able to harness my digital transformation experience to be able to further support the Group moving forward.”
Fumbi is also currently a non-executive director of Whitbread plc.
About Meg Lustman
Meg Lustman has more than 35 years of experience in the retail industry and has led the transformation and growth of some of the UK High Street’s best-known brands, latterly as CEO of Hobbs.
Meg currently supports CEOs and senior leaders in an advisory capacity and serves as Vice Chair at Glasgow Caledonian University.
Meg Lustman said: “Ted Baker is a unique brand and I’m pleased by the opportunity to support the Board and Senior Management team to fully realize its potential. While still early in its transformational journey, the brand is regaining confidence and I’m excited to see the customer reaction to the strengthening proposition.”
About Ted Baker
Ted Baker is a global fashion and lifestyle company born in the UK. Having grown steadily from its origins as a specialist shirt store in Glasgow in 1988, it now has over 500 stores, outlets, and concessions worldwide, including boutiques in all the major fashion destinations across the UK.
For more information : https://www.tedbaker.com/
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.