The Frasers Group has announced the appointment of Sir Jon Thompson as a non-executive director.
- This appointment adds significant expertise in corporate governance to the board.
- Sir Jon Thompson previously served as CEO of the Financial Reporting Council.
- He has also held prominent roles within the UK government, including CEO of HMRC.
- Michael Murray, CEO of Frasers Group, commended Thompson’s extensive experience in major project management.
The Frasers Group has confirmed the appointment of Sir Jon Thompson as a non-executive director, enhancing the board’s expertise in corporate governance. Thompson’s appointment was part of a series of strategic managerial changes first announced in February.
Thompson’s notable career includes his tenure as CEO of the Financial Reporting Council from 2019 to 2023, where he was instrumental in overseeing regulatory operations. His role as CEO of HMRC between 2016 and 2019 was marked by significant operational reforms, underscoring his capacity for managing complex public bodies.
In addition to his recent regulatory positions, Thompson has an extensive background in government financial management. He has served as chair of HS2 since 2023, and his previous roles include the permanent secretary of the Ministry of Defence between 2012 to 2016, where he led numerous substantial change initiatives. His previous financial positions include director general of finance at the Ministry of Defence, director general of corporate services at the Department for Education, and finance director at Ofsted.
Michael Murray, CEO of Frasers Group, highlighted Sir Jon’s extensive expertise, stating it will be critical as the company moves into a new strategic phase. This statement reflects the importance of Thompson’s governance and project management skills to the Frasers Group’s long-term objectives.
Sir Jon Thompson’s appointment to the Frasers Group board underscores a strategic move towards enhanced governance capabilities.
