DFS names Wall as interim CFO

Doncaster-based DFS Furniture plc said Marie Wall will be Interim Chief Financial Officer from December 2.

Wall replaces John Fallon, who is standing down. She previously held senior finance roles at Imperial Brands, Wolseley and Dixons Carphone.

Ahead of its annual general meeting on Friday, the company said its financial performance was on track. 

“As announced at our full year FY24 results on 25 September 2024 we noted an improvement in trading performance in the final quarter of the period with year on year growth in our order intake.”

“This trend has continued into the current financial year, with order intake remaining in growth over the first 20 weeks of the period, inline with our expectations. In addition, the progress made on reducing our cost base through FY24 has also continued through the current financial year to date.”

DFS said Fallon will leave the business on 17 January 2025, ensuring a thorough handover to Wall. 

Steve Johnson, Chairman, said: “Marie’s experience and skills make her ideally suited to take on the role of Interim CFO, I am delighted Marie has agreed to join DFS at this key moment for the Group.”

Tim Stacey, CEO, said: “I am very pleased to welcome Marie to our Group. She is a strong addition to our leadership team bringing with her a wealth of financial leadership experience, as we pursue our growth strategy.”