DFS chairman to retire following AGM
Furniture retailer DFS has announced that its chairman Ian Durant will step down at the conclusion of its AGM on 4 November.
Subject to his re-election to the DFS board at the meeting, Steve Johnson will succeed Durant as chair on the same date. The news follows the conclusion of an externally led recruitment process.
Johnson joined the DFS board in December 2018 and is currently the chair of the remuneration committee. He has considerable retail experience having previously held several senior roles with Asda and Matalan.
DFS chief executive Tim Stacey said: “I am delighted by the board’s announcement of Steve’s appointment as chair. His detailed knowledge of our group and wider retail experience will continue to be invaluable as we move forward with our strategy to lead furniture retailing in the digital age.
“We would also like to reiterate our sincere thanks to Ian Durant, for his outstanding service as a director and chair, and wish him all the best for the future.”
