Card Factory makes chief financial officer appointment

Card Factory has announced the appointment of Matthias Seeger as chief financial officer (CFO)

Seeger has been CFO of Ambassador Cruise Line since February 2022, having previously worked as CFO of Costcutter Supermarkets from September 2015 to September 2021. Other previous roles he has held in his 31 year career include senior finance positions with Procter and Gamble between 1991 and 2013. He has a master’s degree in engineering and an MBA from the University of Texas.

He is expected to join Card Factory in May.

Kris Lee will leave the company on 31 January 2023, at which time he will step down from the board and as CFO.

Pending Seeger’s appointment, Simon Comer, currently group financial controller, will be appointed as Interim Chief Financial Officer, but will not be appointed as a director of the company. Comer has been group financial controller since June 2021, having held previous senior finance roles.

Darcy Willson-Rymer, Chief Executive Officer, commented: “Matthias has extensive financial experience and I look forward to working with him again, confident that his expertise and values will support Card Factory’s strategic projects and significant change programme over the next few years.

I am grateful to Kris for his tireless work over the years, including successful management of liquidity, steering the business through a series of refinancing through covid lockdowns and supporting our “Opening our new future” growth strategy. We offer Kris our very best wishes for the future.” 

Earlier this week, Card Factory reported strong trading over Christmas.