REG - Dunelm Group plc - CEO succession

DunelmAnnouncement

11/02/2025 07:15

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RNS Number : 5951W  Dunelm Group plc  11 February 2025

11 February 2025

Dunelm Group plc

CEO succession

Dunelm Group plc ("Dunelm" or "the Group"), the UK's leading homewares
retailer, today announces that Nick Wilkinson, Chief Executive Officer of
Dunelm, has informed the Board of his intention to retire from Dunelm and
full-time executive life, following seven years in the role.

The Board will commence a formal and thorough recruitment process for Nick's
successor, considering both internal and external candidates, and will provide
an update in due course.   Nick will remain in role until a successor is
appointed, continuing to drive business performance and ensuring a smooth and
orderly transition, supported by his Executive team.

The business remains focused on its strategy to unlock its full potential as
The Home of Homes and as outlined in today's Interim Results, is making good
progress towards its medium-term milestone of reaching 10% market share.

Alison Brittain, Chair of Dunelm, said:

"Nick has been a tremendous leader for Dunelm and amongst his many
achievements, he has successfully guided the Group through a global pandemic,
driven a step-change in the digital offer, established strategic capabilities
across the business including in tech and data, and maintained the unique,
entrepreneurial culture which makes Dunelm so special.

"Nick will continue to lead the business over the coming months as we
transition to a new CEO, maintaining a focus on delivering long-term,
sustainable growth for all stakeholders."

Nick Wilkinson, CEO, added:

"It is a real privilege to lead a business I love, and being a part of
Dunelm's growth story is as fulfilling now as it was on day one. However,
personally, it feels like I'm approaching the right time to step away from
full-time executive life.

"There is a lot of magic in this business, from its market stall heritage, to
its unique business model, but the real power is in the quality of my
colleagues and it is fantastic to work with such an incredible group of people
who support each other so well.

"Whilst this will be the final stage of my Dunelm journey, I've never been
more confident in the opportunities ahead for this special brand. There
remains lots to do, and much to learn, as Dunelm continues to grow and
develop.  So, for now, it's business as usual for me."

 

A statement concerning particulars of remuneration payments in accordance with
section 430(2B) of the Companies Act 2006 will be released when the date of
Nick's retirement from the Board is known. This announcement contains inside
information which is disclosed in accordance with the UK Market Abuse
Regulation. The person responsible for arranging the release of this
announcement is Luisa Wright, Company Secretary of Dunelm Group plc.

 

 

For further information please contact:

 Dunelm Group plc                                   investorrelations@dunelm.com
 Luisa Wright, Company Secretary

 Simon Hockridge, Director of Communications

 Media enquiries: MHP                               07770 753 544
 Oliver Hughes / Rachel Farrington / Charles Hirst  dunelm@mhpgroup.com (mailto:dunelm@mhpgroup.com)

 

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