BusinessCompany NewsCarpetright and Sainsbury’s swap finance chiefs

Carpetright and Sainsbury's swap finance chiefs

Carpetright poaches the J Sainsbury finance department's number two - after losing its number one to the supermarket chain

In a bizarre ‘coincidence’, Carpetright – which lost its FD to J Sainsbury two months ago – has poached the supermarket chain’s number two to head up its finance department.

Link: Sainsbury’s CFO to start in August

Ian Kenyon – who was to work alongside Carpetright’s Darren Shapland at Sainsbury’s in August – will now become FD at the retailer on a package reported to be ‘about the same’ as that of his well-regarded predecessor.

Kenyon, 43, who is currently director of financial reporting at Sainsbury’s, will therefore be earning close to the £330,000 earned by Shapland last year.

Lord Harris of Peckam, chairman of Carpetright dismissed claims that the poaching was a case of tit for tat. ‘Not at all. Ian is a very good accountant. He was recommended by our non-executive director Martin Toogood, who worked with Ian at Kingfisher,’ he told The Daily Telegraph.

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