Frasers Group has bolstered its board by appointing Sir Jon Thompson, a distinguished former chief executive of the Financial Reporting Council, as a non-executive director. The appointment is aimed at enhancing the company’s execution of its ambitious long-term growth strategy, particularly as it continues to implement its Elevation Strategy. Sir Jon Thompson brings a wealth of experience in corporate governance, reporting, audit, and large-scale project management. His previous roles include chairing HS2, leading HM Revenue and Customs (HMRC) as chief executive, and serving as permanent secretary of the Ministry of Defence. At the Financial Reporting Council, he spearheaded significant transformations to improve performance and compliance.
David Daly, the chair of Frasers Group’s board, expressed enthusiasm about the new appointment, stating: “We are delighted to welcome Sir Jon to the board. I know that we will benefit from his vast experience and leadership which will continue to enable the future success of the Elevation Strategy.”
Michael Murray, CEO of Frasers Group, also commented on the strategic appointment, saying: “His appointment reflects the progress we have made to date on Frasers’ transformation and Elevation Strategy, as well as our ambitions for the future. Sir Jon’s expertise in corporate governance and major project management will be invaluable as we enter the next phase of our strategy.”
