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Home Retail Group CFO Richard Ashton to step down

Home Retail GroupHome Retail Group announced that Richard Ashton, its chief financial officer, will be stepping down upon completion of the proposed acquisition of the broup by J Sainsbury plc.
Mr. Ashton started his career at PricewaterhouseCoopers where he trained as a chartered accountant, and joined GE in 1994, spending eight years in a variety of positions.

Mr. Ashton was Chief Financial Officer of GE Capital’s pan-European equipment-financing business, assistant to GE Capital’s Chief Financial Officer in the US and various finance roles in the UK.

Mr. Ashton joined Argos Retail Group as Finance Director in 2001 and, in July 2006, became Finance Director of Home Retail Group.


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