Home Business News Topps Tiles chief to step down after 12-years

Topps Tiles chief to step down after 12-years

by Cass
5th Nov 19 8:41 am

Matt Williams who has been at the helm of Topps Tiles for 12-years is to step down from the company publishes their next set of accounts on 29 November.

Under Williams the tile retailer made a significant turnaround as sales have accelerated throughout the year, shares have rebounded in recent months.

Williams said, “Topps is, and will always remain, a very special company to both me and my family.

“It is a quality business with enormous strength in its specialism, which it derives from its people and culture.

“It has been an honour and privilege to lead and work alongside everybody within the Topps family and I wish them all well for the future.”

Rob Parker the current chief financial officer will take over the helm and Williams will stay on with the company as an advisor until May 2020.

Parker said, “Topps is an exceptional business in so many ways and I am very proud of the part I have played in our journey so far.

“I look forward to the future with energy and excitement as we continue to refine our market-leading retail offer and to further our expansion into the commercial tile market.”

In the three months to June the retailer posted a jump in sales of 3.8% from a 1.8% growth in the second quarter along with a 1.4% fall in the first quarter of 2019.

Non-executive chairman Darren Shapland said of Williams, “During this time he has reshaped the retail business, completed a very successful re-branding and led the investment into the commercial tile market.

“On behalf of the board, I wish him every success for the future.

“I am delighted that Rob Parker, our CFO for the last 12-years, has accepted the role of group CEO.”

In early morning trading on Tuesday shares slipped after the announcement by 1.6% 6o 72p.

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