F&F’s interim chief executive Richard Collins will leave at the end of this month to make room for his permanent replacement, former BHS managing director Richard Price, who joins in September.
Price’s move from BHS was revealed in February and in April Tesco confirmed to Drapers that he would take up the CEO role at F&F. At that time it was not known if Collins would leave or take another position at Tesco.
Collins joined Tesco as store director for clothing operations in 2005. Previously he had been director of store operations for now-defunct store group Allders from 2003 to 2005 and spent nine years at BHS from 1994, latterly as director of group development.
Collins worked his way up through Tesco’s clothing division, becoming chief operating officer of F&F in 2013. During this time, he led the UK refit programme and the introduction of RFID technology. In September 2014 he was named interim CEO as his predecessor Jason Tarry took on new responsibilities as chief product officer.
Tesco said: “We’d like to thank Richard Collins for all his hard work helping to develop the F&F brand over the last 10 years.”
It is not yet known if Collins has a job to go to.