BusinessPeople In BusinessSuperdry owners recruit former Deloitte partner

Superdry owners recruit former Deloitte partner

Minnow Powell joins the board of Superdry owner Supergroup

THE OWNERS of fashion retailer Superdry have appointed a former senior Deloitte audit partner as a non-executive director.

Minnow Powell joins Supergroup as a non-executive director. Powell spent 25 years at Deloitte where he looked after its major clients, and spent a six-year stint as a member of the UK Audit Practices Board.

He is also a non-executive director of TUI Travel, where he chairs the audit committee. Powell will also chair Supergroup’s audit committee.

Kingfisher group COO Euan Sutherland also joins the board as a non-executive. Current non-executives Steven Glew and Indira Thambiah will step down at the end of their three-year term in February.

It has been a tough year for Supergroup, and the retailer is looking to get things back on track. Supergroup had well-documented problems with its distribution lines, and, more embarrassingly, revealed a £2.5m black hole in its accounts due to the insertion of a ‘plus’ rather than a ‘minus’ into its figures.

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