Men’s tailoring retailer TM Lewin has hired former New Look managing director international Sven Gaede as CEO, replacing Geoff Quinn, who will become company chairman.
Meanwhile, Quinn, who has held the CEO role since 1993, will continue to be an active board member.
Jonathan Halford, who was appointed as chairman in June 2016, will take up a non-executive director role on and will “devote his time to supporting this management transition”, as well as the board.
Quinn said: “This is the perfect time for Sven Gaede to become TM Lewin’s next CEO – we have built a very strong platform and this appointment represents the next key step in delivering our very ambitious growth plans.
“We were looking for a CEO who would thrive in this competitive and dynamic market – someone capable of accelerating what is already working well for us. He will move the business forward with the speed required to capitalise on the opportunities that lie ahead.
”Sven’s vision, strategy and execution track record is exactly what TM Lewin needs as we enter our next stage of growth.”
Gaede began his career in merchandising at Marks & Spencer and has held a series of high-profile senior executive roles, including five years as CEO of Hackett.