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15 Apr 2010
The FD of Alexandra, the Queen's supplier of corporate uniforms and workwear, has quit.
Elaine New, who had served as a non-executive director since 2006, took up the FD reins last June.
The board thanked her for guidance through the company’s refocusing of its operations, the introduction of a new senior management team and the current renegotiation of its debt facilities.
Tim Gifford, CEO of Alexandra, said "On behalf of the company and its shareholders, the board of Alexandra thanks Elaine for her help during this difficult time whilst the company has been undergoing significant structural and financial transformation."
Adrian Binney, who has been working in the finance team as a consultant since November 2009, will lead the finance team, but has not been appointed to the board.
Further reading:
Dillistone to share Biofutures FD
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