What: Frasers Group has appointed Jon Thompson, former CEO of HM Revenue and Customs (HMRC), as a non-executive director on its board.

Why it is important: This appointment signals Frasers Group's commitment to strengthening its leadership and governance as it continues to execute its long-term growth and international expansion strategies.

Frasers Group has announced the addition of Jon Thompson, former CEO of HMRC, to its board as a non-executive director. CEO Michael Murray emphasized that Thompson's expertise aligns with Frasers' transformation and Elevation Strategy. Thompson's background includes roles as CEO of the Financial Reporting Council, chief of HS1, and permanent secretary of the Ministry of Defence. His appointment supports Frasers' goal of becoming a leading international business, highlighted by recent acquisitions in the Netherlands and increased investment in Hugo Boss.

Frasers Group appoints former HMRC CEO to board