UK Boohoo appoints Stephen Morana as CFO

Boohoo, a leading online fashion retailer, announces the appointment of Stephen Morana as Chief Financial Officer to the Board of Directors, effective February 19, 2024.

Stephen is widely recognized for his e-commerce expertise and has significant experience across a range of businesses. He spent a significant part of his executive career as CFO of two founder-led digitally disruptive companies, Betfair and Zoopla, both of which he led through IPOs and helped create significant value for shareholders. Stephen has also been a non-executive director at Entain, the FTSE100 group, and here at boohoo (2014 -2017). He has also been a venture partner at Octopus Ventures. His most recent executive position was at Cazoo plc. He is a qualified chartered accountant and a member of the INSEAD alumni.

Boohoo appoints Stephen Morana as CFO, effective February 19, 2024. With a background in e-commerce, Morana led Betfair and Zoopla through IPOs, creating significant value for shareholders. Previously a non-executive director of boohoo, his global experience in digital businesses aligns with the company's growth strategy, said Mahmud Kamani, the group's chief executive.

Mahmud Kamani, CEO of the group, commented: “Stephen is a highly regarded CFO and well known to boohoo, having previously served on our board in a non-executive capacity for four years. He supported us through the IPO process and into our early years. as a PLC. While the business has grown significantly since then, Stephen has extensive experience in global digital businesses and is therefore very well positioned to support the strategy in pursuit of our growth ambitions.”

Note: The content of this press release has not been edited by Fibre2Fashion staff.

Fiber2Fashion News Desk (RM)




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