Iceland's international business director, who sat on the boards of both Iceland Foods and its export business Iceland International, has resigned his two directorships within the group.
Paul Foley, a highly experienced retail management consultant who was initially retained by Iceland to assist with the development of its international business in April 2012, before taking up the international business director rolein January 2013, had remained a consultant to the company, and never actually become an employee.
A spokesperson for Iceland said that as he had fulfilled the main objectives that Iceland agreed with him, he has accordingly scaled back his involvement with the business to pursue other consultancy opportunities.
Iceland chief financial officer, Tarsem Dhaliwal, added: “We are hugely grateful to Paul for the great work he has done over the last two years in helping to establish a sound base for our future growth overseas through the establishment of our own retail business in the Czech Republic, the acquisition of the franchised Iceland stores in Ireland and the development of our export business, particularly into South Africa and the Middle East.
'Our focus in the near term will be on further developing our existing businesses in these four regions, and we have therefore agreed with Paul that there are limited opportunities for a consultant of his seniority to add more value. He has, accordingly, decided to seek new opportunities and we wish him all the very best for the future.'
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