Family-owned discount retailer QD – QualityDiscounts.com, has appointed a new finance director, following the retirement of Graham Moxon, after 27 years with the company.
The new finance director is Peter Fairley, a chartered accountant with 20 years’ experience as a finance director in the retail, wholesale, distribution and import industries, for both PLCs and owner managed businesses.
Peter, who worked in London for 10 years and, for the past 17 years in the East Midlands, said: “I am relishing this new role, working for a dynamic and expanding business. Graham has done an excellent job and I look forward to stepping into his shoes, helping provide the finances and control to assist the QD Group in its future expansion, while adding additional insights into the business through detailed analysis.”
Graham Moxon commented: “This has been a wonderful company to work for with a great team of people. I’d like to pay tribute to all my former colleagues and particularly our chairman, Danny Rubins and chief executive, Nick Rubins, whom it has been a privilege to work alongside. QD has grown and evolved beyond recognition since I first joined, and I am pleased to hand over the reins to Peter who is an experienced and highly capable FD. I am confident that he will help steer the group to new achievements in the future.”
QD has enjoyed significant growth, continually bucking the trend of high street retail decline, and despite the challenges presented by the pandemic. Over recent months, they have opened a new QD store in Chipping Norton, Oxfordshire and have just completed the acquisition of Retford and Gainsborough Garden Centre, which becomes the Group’s 16th Cherry Lane outlet.
Nick Rubins, chief executive of the QD Group, said: “I wish Graham well in his retirement. He has been an excellent finance director with whom I have thoroughly enjoyed working. He has helped steer us through a period of sustained growth for the Group. I am now delighted to welcome Peter who brings with him a wealth of very valuable experience. It is an exciting time for QD and Peter will be playing a key role in the business’s future.”
For more information on QD, visit www.qualitydiscounts.com.