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(Sharecast News) - Virgin Wines said on Wednesday that it has promoted current head of group finance Amanda Cherry to the role of chief financial officer, as Graeme Weir plans to retire after 22 years with the company.
The direct-to-consumer online wine retailer said that during his time there, Weir has played a huge role in the growth of the business, alongside chief executive Jay Wright, including leading a private equity-backed buyout in 2013 and the IPO in 2021.
He will formally leave the board with effect from 4 April 2025.
Cherry has been at Virgin Wines for 16 years and in her role has been working closely with Weir and the board for many years, the company said. She is a qualified chartered accountant, having spent time at United Utilities and Interfloor Group.
Jay Wright said: "We would like to thank Graeme for his enormous contribution to the group and wish him well in his retirement. He has played a vital role in the group's significant progress and growth over the last 22 years.
"It has been a privilege to work with him over that period and he will be missed by the whole Virgin Wines team. However, I look forward to progressing the next stage of our growth with Amanda, who is well embedded in the business, and welcome her to the board."
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