Halfords names Findlay FD

15th Nov 2010 08:49

Car parts and bikes seller Halfords today named Andrew Findlay as its new finance director. Findlay will join the company on 1 February 2011, Halfords said in a company statement. He is currently director of Finance, Tax and Treasury at Marks and Spencer, "where he played a key role in programmes to deliver cost savings and improvements in working capital," the group explained. Prior to Marks and Spencer he held senior finance roles at the London Stock Exchange and at Cable and Wireless, both in the UK and US. Commenting on the appointment chief executive officer David Wild said, "Andrew has an impressive track record and brings extensive financial experience in retail and other competitive, consumer-facing industries."The appointment comes as Halfords struggles with declining sales. In October the group said like for like sales fell 5.8% during the second quarter following a 4.5% drop at the retail business and 1.5% decline at Autocentres.