(Alliance News) - Dr Martens PLC on Tuesday said it has hired John Menzies PLC former chief executive and chief financial officer, Giles Wilson, as its new finance chief.

Wilson will join the Northamptonshire, England-based boot manufacturer and take up his role in 2024, with the date to be confirmed "in due course".

Dr Martens said Wilson is an "experienced" CFO, joining from William Grant & Sons Ltd. William Grant is a global spirits companies, owners of premium brands including Glenfiddich Scotch Whisky, The Balvenie Whisky and Hendrick's Gin.

Prior to that, Wilson was CFO at John Menzies between 2016 and 2020, and then was subsequently chief executive for a year. The Edinburgh-based aviation services and cargo handling firm was taken over by Kuwait's Agility Public Warehousing Co KSCP in 2022.

Dr Martens' current CFO Jon Mortimore has agreed to stay with the business until the end of the current financial year, which is March 31, 2024.

Back in April, Mortimore had announced he would leave Dr Martens, after seven years with the company.

CEO Kenny Wilson said: "I am thrilled that Giles will be joining the leadership team and the board. He brings a range of complementary skills and past experience that is highly relevant to our brand-first strategy. I am looking forward to working with him on the next phase of Dr Martens' journey to become a GBP2 billion revenue footwear brand."

Shares in Dr Martens were up 4.6% to 113.30 pence each in London on Tuesday morning.

By Sophie Rose, Alliance News senior reporter

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