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Board changes at Carpetright as UK md stands down

Published: 6 June 2011
Carpetright's UK md Christian Sollesse has stood down from his position amid a board reshuffle at the struggling retailer.
Board changes at Carpetright as UK md stands down
Andrew Corden has been appointed to the board as operations director for Europe, with responsibility for the European operations, which include The Netherlands, Belgium and the Republic of Ireland. He joined the company 17 years ago, and previously held the position of sales director for Europe.

Claire Balmforth, who joined the board at the beginning of May 2011, assumes the role of operations director for the UK, incorporating her existing responsibilities for customers and Carpetright employees.

Mr Corden and Ms Balmforth will take on Mr Sollesse's responsibilities, and the company says it will not be recruiting a new md for the UK & Ireland.

Carpetright chairman and chief executive Lord Harris of Peckham said: "I would like to thank Christian for the contribution he has made to the company over the past 16 years and wish him well for the future. I am delighted that Andy has agreed to join Carpetright's board. He has made a valuable contribution to the group through his involvement in our European operations since 2002.

"Claire's expanded role will enable the company to utilise Claire's retail management experience to drive the business forward, whilst continuing to focus on our customer and our people strategy."

The company issued its third profit warning this year in April, after sales fell 6.5% for the fourth quarter. In the UK and Ireland, sales also fell 6.5%, with like-for-likes down 6.3%.

Carpetright also had 16 concessions in Focus stores, but doesn't expect the collapse of that company to have too great an impact on sales.

A Carpetright spokesperson told DIY Week: "I can confirm that the 16 concessions trade in locations which are already serviced out of a normal Carpetright store. Therefore, the likelihood is that a high degree of sales will transfer directly into the normal estate."

A recent report on the retailer from Singer Capital Markets added: "The potential loss of Focus concessions creates another headwind, albeit small."

The company is due to announce its preliminary results for the year ended 30 April, 2011, on June 28.

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