Robert Moorhead to retire after 20 years with the company

  • WH Smith appoints Max Izzard as new CFO
  • Robert Moorhead to retire after 20 years with the company
  • Izzard brings extensive experience in multi-site international consumer businesses
  • Moorhead played a key role in the company’s transformation as a global travel retailer
  • Izzard will join WH Smith on September 1, 2024
  • Moorhead will step down on November 30, 2024

WH Smith has announced the appointment of Max Izzard as its new CFO, following the retirement of Robert Moorhead after more than 20 years with the company. Izzard, currently serving as SVP of group and corporate finance at Burberry, brings extensive experience in multi-site international consumer businesses. He will join WH Smith on September 1, 2024, while Moorhead will step down on November 30, 2024. Moorhead has played a crucial role in the company’s transformation into a highly successful global travel retailer, operating in 32 countries. Annette Court, chair, expressed gratitude for Moorhead’s contributions and welcomed Izzard as a highly capable successor. CEO Carl Cowling thanked Moorhead for his work during the challenges of the Covid-19 pandemic and expressed confidence in Izzard’s ability to contribute to the company’s continued success.

Factuality Level: 8
Factuality Justification: The article provides factual information about the appointment of Max Izzard as the new CFO of WH Smith, replacing Robert Moorhead. It includes details about their backgrounds, roles, and the timeline of the transition. The statements from the company’s chair, CEO, the outgoing CFO/COO, and the incoming CFO are also included, providing a well-rounded view of the situation. The article does not contain irrelevant information, misleading details, sensationalism, or bias. Overall, it presents the news in a clear and objective manner.
Noise Level: 2
Noise Justification: The article provides relevant information about the appointment of Max Izzard as the new CFO of WH Smith, along with background information about Robert Moorhead’s retirement. It includes direct quotes from key figures within the company, giving insight into their perspectives and the transition process. The article stays on topic and does not contain irrelevant or misleading information. However, it lacks in-depth analysis, antifragility considerations, or accountability of powerful people, which prevents it from scoring higher.
Financial Relevance: Yes
Financial Markets Impacted: WH Smith
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: This news article pertains to the appointment of a new CFO at WH Smith, a financial company. There is no mention of any extreme event or its impact.

Reported publicly: www.retailsector.co.uk