Halfords poops of Waitrose's top team to replace Chief Financial Officer

Halfords has picked up the best Waitrose team to replace outgoing finance chief Jonny Mason .

The Spare Parts and Motorcycle Retailer has appointed Loraine Woodhouse, who has been the Chief Financial Officer of Waitrose since 2015, as the new CFO.

Ms. Woodhouse, who also held the positions of Chief Financial Officer at Hobbs, Costa Coffee and Intu, will succeed Mr. Mason on November 1st.

She also has experience in finance and investor relations with Kingfisher, owner of B & Q and Screwfix.

Graham Stapleton, CEO of Halfords: "I am delighted Halfords as CFO and look forward to working with her.

" She has significant financial leadership in the service-based retail business and will be a great addition to the senior team. "

" I would also like to take this opportunity to thank Jonny Mason and wish him all the best in the future. "

Halfords' annual profits plummeted in 2017-18 after the retailer was forced to bear the rising costs badociated with the pound.

Fall pre-t of the year The profit climbed 67.1 million pounds as of March 30, while business turnover rose from 3.7pc to 1.13 billion pounds

Halfords announced 25 million pounds of additional costs in because of the weakness of the pound sterling by 14pc

Press Association