Logistics business Wincanton has announced the appointment of Tom Hinton who will join the Board as the Chief Financial Officer (CFO) with effect from 15 August 2022.
Tom’s appointment follows an extensive search process undertaken by the Board’s Nomination Committee, supported by an external search firm.
Tom’s wide experience includes Group CFO positions at Infinis Energy plc, Domestic & General Ltd and, more recently, WE Soda Limited, an international mining and chemicals business.
Dr Martin Read CBE, Chairman of Wincanton, said: “We are delighted to appoint someone of Tom’s calibre to the Board. He has a strong financial and commercial track record and will be a great asset to the Company.”
James Wroath, Chief Executive Officer of Wincanton, said: “I am pleased to welcome Tom to his new role as we lead Wincanton through the next stage of our development. He has broad experience and an engaging and innovative style that I believe complements Wincanton’s strategic direction. I would also like to place on record my sincere thanks to James Clarke who has been a great support to me and the business in his role as interim CFO since 1 March 2022.”
Tom Hinton added: “I very much look forward to joining Wincanton and becoming part of the executive management team. Wincanton’s strong operational performance, blue-chip customer base, and considerable growth potential make this an exciting opportunity.”
Mr Clarke will continue in the role of interim CFO until Tom’s arrival.
In other news, Wincanton has also extended its premium home delivery partnership with furniture retailer Loaf.
The additional three-year contract builds on six years of collaboration between the companies, which has seen Wincanton support Loaf’s omnichannel growth across the UK while managing customer services for its eCommerce channels.
As part of the extended contract, Wincanton will fulfil orders across the UK and make around 50,000 deliveries each year. Wincanton will continue to provide supply chain services to Loaf including warehouse services, order fulfilment and carrier management, as well as premium home delivery. This involves handling key products for the brand including sofas, armchairs, mattresses, and tables, with technicians who assemble and position the delivery in the customer’s home.
Loaf will benefit from Wincanton’s investment in a dedicated state-of-the-art 120,000 sq.ft. eCommerce distribution centre in Harlow, Essex.
As part of the Group’s wider commitment to reach net-zero emissions by 2040, this premium home delivery service is carbon-neutral and enabled through a combination of enhanced vehicle technology, electrification, and carbon offsetting.
Carl Moore, Managing Director for eFulfilment at Wincanton, said: “Extending our two-person premium home delivery contract with Loaf is a major milestone in our collaboration. It is testament to the strength of our services and how we support our customers as they grow and make investments in our facilities enabling our customers to focus on their product. We look forward to continuing to help facilitate Loaf’s growth in the years to come.”
Rob Pierce, Director of Operations, Loaf said: “Our goal is to deliver an exceptional customer experience and our delivery service is a crucial part of this. Wincanton is the best partner for the job and we look forward to continuing our relationship with them.”