Boohoo hires Trainline CFO as new audit chair

Boohoo co-founders Carol Kane and Mahmud Kamani

Manchester-based online fashion giant Boohoo Group plc — which has been under scrutiny for its corporate governance — announced on Tuesday the appointment a new chair of its audit committee.

Shaun McCabe joins the Boohoo board with immediate effect as an independent non-executive director and will also sit on the group’s remuneration and nomination committees.

“Shaun has extensive financial experience across e-commerce and retail,” said Boohoo.

“He is currently chief financial officer of Trainline plc and a non-executive director at AO World plc where he is a member of its audit and remuneration committees. “

Boohoo executive chairman Mahmud Kamani said: “As executive chairman, I am committed to supporting and driving our agenda for change to build a better boohoo for the benefit of all of the group’s stakeholders.

“On behalf of the board I am delighted to welcome Shaun to the group.

“His deep knowledge and experience of e-commerce and retail will be a great asset to the board.

“As a group we are committed to implementing our agenda for change that will help us on our journey to lead the fashion e-commerce market globally, and look forward to providing further regular updates on our progress in due course.”

McCabe said: “I am delighted to be joining Boohoo at an exciting time when it is implementing its agenda for change.

“Having spoken extensively with fellow members of the board, I look forward to helping the group add further independent experience and increased oversight on matters of compliance and business practices.”

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