Macaulay was previously group financial officer and will join the board with immediate effect. Macaulay has worked at Marchpole since July 2007. Prior to that he was finance director of Creative Education and before that, he worked as group finance director of International Clothing Design, Richard Caring's supply business.
He replaces Ray Harris, who has been acting finance director since July 2007. Harris will continue as an executive director on the board.
Michael Morris, executive deputy chairman of Marchpole, said: "I am delighted that John Macaulay has agreed to become group finance director. I look forward to welcoming John to the board in his role. John, in his former roles at International Clothing Design, has gained unrivalled experience in our industry and we look forward to benefiting from that knowledge."