on Halfords (isin : GB00B012TP20)
Halfords Group Announces Leadership Change with New CEO Appointment
Halfords Group PLC has announced a significant leadership change. Graham Stapleton steps down as CEO, after leading the company for seven years. Henry Birch is appointed as the new Group Chief Executive Officer. Stapleton's tenure saw Halfords transform from a cycling and motoring retailer into an omnichannel services provider, with revenues rising from £1.1bn to £1.7bn. The company now generates over half of its sales from services.
Henry Birch brings extensive retail experience, having led the Very Group, Rank Group, and William Hill online. The leadership transition occurs amid challenging economic conditions, with Halfords issuing a strong FY25 trading statement. The search for growth and transformation continues as the company navigates the current market landscape.
R. H.
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