RNS Number : 9334R
Halfords Group PLC
02 July 2015

Halfords Group plc

Appointment of Chief Financial Officer


Halfords Group plc is pleased to announce the appointment of Jonny Mason as Chief Financial Officer (CFO) with effect from 12 October 2015.  Jonny will become a Director of the Company and member of the Board immediately upon his joining.


Jonny is currently CFO of Scandi Standard AB, a Scandinavian company that successfully listed in Stockholm in June 2014.  Prior to that Jonny was CFO at Odeon and UCI Cinemas for 8 years and Finance Director of Sainsbury's Supermarkets where he worked for 5 years.  His early career was at Shell and Hanson plc.  He brings a broad range of financial experience across consumer facing and retail businesses.  He is a strong leader with a track record in a range of business contexts.


Jill McDonald, Chief Executive Officer, commented:

"I'm delighted that Jonny is joining Halfords as our new CFO. He brings significant commercial and financial experience from his time across a range of consumer and retail businesses and I look forward to working with him."


Jonny Mason, Chief Financial Officer, said:

"As a cycling and car enthusiast, I have a strong admiration for Halfords and I'm looking forward to working with Jill and the team to build on the great foundations that are in place."


Jonny is a non-executive director of the charity DimensionsThere is no further information to be disclosed relating to Jonny under paragraph 9.6.13 of the UK Listing Authority Listing Rules.


Halfords Group plc will publish a first-quarter trading statement on 15 July 2015.    






44 (0) 1527 513 113

Adam Phillips, Head of Investor Relations                                                                                               



44 (0) 207 379 5151

Neil Bennett




Notes to Editors






Halfords Group plc

Halfords is the UK's leading retailer of automotive, cycling and leisure products and, through Halfords Autocentres, also one of the UK's leading independent car servicing and repair operators. Halfords customers shop at 468 stores in the UK and Republic of Ireland, including five Halfords 'Cycle Republic' shops, and at halfords.com for pick-up at their local store or direct home delivery. Halfords Autocentres operates from over 300 sites nationally and offers motorists dealership-quality MOTs, repairs and car servicing at affordable prices.


The Halfords group strategy is based on three pillars:

·      Supporting Drivers Of Every Car

·      Inspiring Cyclists Of Every Age

·      Equipping Families For Their Leisure Time


The Getting Into Gear plan for the Retail business is based on executing in five key areas in order to deliver a significantly-enhanced customer experience:


·      Service Revolution

·      The H Factor

·      Stores Fit to Shop

·      21st Century Infrastructure

·      Click with the Digital Future


Halfords employs approximately 11,000 colleagues and sells around 9,000 product lines in its Retail stores, increasing to around 160,000 Retail products online. The Retail offering encompasses significant ranges in car parts, cycling products, in-car technology, child seats, roof boxes and camping equipment. Halfords' own cycling brands include Apollo, Carrera, Boardman and 13 cycles, augmented by a range of other brands of cycles and accessories, including Kona, Mongoose, Raleigh and Pinarello. In Auto, the Halfords Essentials and Halfords Advanced ranges are sold alongside brands such as Kärcher, General Electric, Bosch, Garmin and TomTom. In Travel Solutions, Halfords sells a premium range of equipment including camping brands such as CampinGaz and Outwell. Halfords offers customers expert advice and a fitting service called 'wefit' for car parts, child seats, satellite navigation and in-car entertainment systems, and a 'werepair' service for cycles.


Summary of Jonny Mason's remuneration

Jonny Mason's remuneration package includes an annual basic salary of £350,000.  Notice is 6 months on either side.  All other terms and conditions are consistent with his predecessor, Andrew Findlay. Halfords will make a payment to Jonny in March 2016 to replace his pro-rated bonus from Scandi Standard equivalent to the amount he would have received based on performance up to a maximum of £150,000.





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