Greggs CFO Richard Hutton to retire

1st Jul 2026 08:17

(Sharecast News) - Greggs said on Wednesday that chief financial officer Richard Hutton plans to retire and step down from the board at the end of the year after 28 years with the company.

The bakery chain has appointed Ben Waldron as CFO. He will join on 27 October as CFO designate and as an executive director. Waldron will then assume the role of CFO from 1 January 2027. Richard Hutton will stay on as CFO and executive director until 31 December 2026.

Prior to joining Greggs, Waldron worked for fresh foods business Bakkavor Group, where he held a number of senior leadership roles for over 14 years. He was CFO and also held senior operational roles as group strategy director, CEO of Bakkavor Asia and CEO of the US business.

Since leaving Bakkavor, Waldron has been based in Australia working across a portfolio of advisory roles, Greggs said. Before joining Bakkavor, he spent 12 years with Ernst & Young, where he was an audit, advisory and transaction director.

Chief executive Roisin Currie said: "Richard has been a trusted colleague, and I have greatly valued the partnership we have built over many years. His contribution to Greggs has been outstanding, and he will leave with the warmest thanks and very best wishes from everyone across the company.

"I am also looking forward to welcoming Ben to Greggs and look forward to working with him as we continue to deliver our ambitious strategic plans."

At 0814 BST, the shares were down 3.3% at 1,548p.

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