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Patisserie Valerie appoints interim CFO

Patisserie Valerie has announced that the company has retained Nick Perrin as its interim chief financial officer (CFO).

Perrin is an experienced finance director, most recently of AIM-quoted CVS plc, and integrated veterinary services provider in the UK, which saw revenues grow from £110m to £350m during his tenure. He has been retained on an interim basis while the board undertakes a process to appoint a permanent CFO. Perrin is not a member of the board.

The cafe chain’s former CFO, Chris Marsh, is currently being investigated by the Serious Fraud Office following discoveries of “potentially fraudulent” accounts. He was initially suspended by the company but later resigned.

Steve Francis, CEO, said: “I am pleased to welcome Nick to Patisserie Holdings. He brings with him the necessary experience to help strengthen the team as the Company works tirelessly to put the events of the past months behind it and look forward to the future.”

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