What: the luxury retailer has appointed Tom Athron (picture here) as their new CEO.

Why is it important: Tom Athron will replace Ewan Venters after he announced in September that he would leave the company. Venters has been chief executive since 2012 and will start a new job at art gallery Hauser & Wirth.

Set to join on 1 December 2020, there will be a month-long handover process between the two. Tom Athron comes from Matchesfashion where he leads e-commerce teams and managed logistic customer experience. He also worked as a trading director at the John Lewis Partnership and CFO at Waitrose for 12 years.

Talking about Fortnum & Mason Athron said that his new company is “a traditional British business with a truly global outlook, a strong purpose and increasingly desired around the world”.

The luxury retailer is managed by the Weston family whose other retail interests include Selfridges and Primark.

Fortnum & Mason names Matchesfashion's Athron to top post

Related item:

• Fortnum & Mason CEO to step down