Business
CFO Retirement and Succession
Greggs plc announced that Chief Financial Officer Richard Hutton will retire at the end of 2026 after 28 years with the company, including 20 years on the Board. Ben Waldron will join as Chief Financial Officer-designate on October 27, 2026, and assume the CFO role from January 1, 2027, bringing extensive financial and operational leadership experience from Bakkavor Group plc and Ernst & Young. The company highlighted Waldron's strong financial and commercial expertise as an invaluable asset for Greggs' continued development and ambitious strategic plans. Disclaimer*
About this update from Greggs Plc
1 July 2026 GREGGS plc ("Greggs") CHIEF FINANCIAL OFFICER RETIREMENT AND SUCCESSION Greggs today announces that Richard Hutton, Chief Financial Officer, has informed the Board of his intention to retire from the role and step down from the Board after 28 years with the company, including 20 years on the Board. As part of an orderly succession process, Greggs also announces the appointment of Ben Waldron as Chief Financial Officer and Executive Director of the Company. Ben will join Greggs plc on 27 October 2026 as Chief Financial Officer-designate and as an Executive Director. He will assume the role of Chief Financial Officer from 1 January 2027. Richard Hutton will remain Chief Financial Officer and Executive Director until 31 December 2026. Prior to joining Greggs, Ben worked for Bakkavor Group plc, a leading international fresh prepared food business, where for over 14 years he held a number of senior leadership roles. He was Chief Financial Officer and also held senior operational roles as Group Strategy Director, Chief Executive Officer of Bakkavor Asia and Chief Executive Officer of Bakkavor USA. Since leaving Bakkavor, Ben has been based in Australia working across a portfolio of advisory roles. Before joining Bakkavor, Ben spent 12 years with Ernst & Young, where he was an Audit, Advisory and Transaction Director. Richard and Ben will work together during the handover period to ensure an orderly transition before Richard retires from the Company at the end of 2026. Matt Davies, Chair of Greggs, said, "On behalf of the Board, I look forward to welcoming Ben to Greggs as Chief Financial Officer. He will join the business at an exciting stage in its continued development. His strong financial and commercial expertise, together with his experience in senior operational leadership roles within an international food manufacturing business, will be an invaluable asset to Greggs. I would also like to thank Richard for his outstanding commitment and leadership over many years. Since joining the Board in 2006, he has played a central role in the development of the business and supported a period of significant growth. We are grateful that he will remain with Greggs to support an orderly handover before his retirement at the end of 2026." Roisin Currie, Chief Executive Officer of Greggs, said, "Ric...