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Stock impact report

Primark confirms Eoin Tonge as chief executive officer [Yahoo! Finance]

ASSOCIATED BRI/F UNSP/ADR (ASBFY) 
NASDAQ:AMEX Investor Relations: abf.co.uk/investorrelations
Company Research Source: Yahoo! Finance
As part of the senior leadership team, Tonge will continue to serve on the Board of Associated British Foods (ABF), Primark's parent company. Associated British Foods chief executive George Weston said: “Following a comprehensive search process, I am delighted to confirm Eoin as Chief Executive of Primark. Over the past year he has demonstrated the leadership, judgement and consumer insight needed to enable Primark to capture the significant opportunities ahead. “The changes he is implementing are at an early stage but are already having a tangible benefit in a challenging environment. I am confident that under Eoin's leadership Primark will deliver good progress against our long-term ambitions.” Since his appointment as director of ABF in February 2023 and subsequent role as Group Finance Director in April 2023, Tonge has overseen strategies aimed at strengthening Primark's customer proposition through changes in product offering, value perception, and digital capabilities. Show less Read more
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