Boohoo has named a new Chief Financial Officer to drive its digital growth.
Shaun McCabe joins from Trainline, where he played a key role in the growth of its operational and digital footprint. He’s previously been International Director of Asos and CFO for Amazon Europe.
McCabe replaces Neil Catto, who becomes an Executive Director and will remain on the Group Board.
“Neil has been key to the Group’s success since it listed and I would like to take this opportunity to extend my gratitude, and that of the Board, for his contribution to the business,” said Mahmud Kamani, Group Executive Chairman.
“During his tenure as CFO boohoo has grown significantly, we now have 20 million active customers and 13 different fashion destinations. We are delighted that he will continue to support the senior management team as an Executive Director and in his role overseeing strategic projects.
“Equally, it has been a great pleasure to work with Shaun over the last two years and we are delighted to have him onboard in his new capacity later this year. His digital and sector experience at Trainline, Asos and Amazon will be key to driving the Group’s next stage of growth.”
Shaun McCabe has been a non-executive director since 2020.
“I know the senior management team and the Group well after serving on the Board,” he said.
“Neil has built a solid foundation for the Group and I look forward to helping the management team execute boohoo’s growth strategy as CFO.”
Neil Catto will remain as CFO until McCabe takes up the new role late run the year.
“It has been a privilege to have guided boohoo in my role as CFO, throughout which the Group has seen tremendous growth. When I joined, boohoo’s revenue was £20m compared to almost £2bn today,” said Neil Catto, the current Chief Financial Officer/
“In this period, the Group has transformed from a small, disruptive UK fashion brand to a stable of international brands with global recognition. I look forward to transitioning to my position as an Executive Director and continuing to work with the Group on strategic projects. I would like to join Mahmud and the Board in welcoming Shaun in his new role.”
