Nick read Nisa CEO

Read: Making his mark already

New Nisa boss Nick Read has made a number of management changes at the c-store retailer.

Nisa has appointed a new interim chief financial officer, Guy Smith, and a new trading director, Stewart Smith.

Guy Smith joins the business from Rentokil Initial, where he served as head of investor relations and chief financial officer. He previously held roles as finance director at Coca-Cola and Diesel Fashion Company.

Stewart Smith joins from Tesco, where he held a number of senior trading roles, most recently as group commercial wholesale director.

The action comes within Read’s first month as CEO at the convenience retailer, where he has been charged with steering the company’s growth and tackling the challenge of an increasingly competitive high street.

Read said: “We are shaping a clear future for Nisa that is focused on delivering best in class support for our member retailers. This will mean doing the basics well; buying the right products at the right price, while offering shoppers good value, and ensuring that we deliver on our promises to members.

“Nisa has seen record numbers of retailers joining in the last year and the launch of an award winning own label range. The building blocks are now in place for a sustained programme of growth. We have a leaner and more agile management team that is focused on delivering our goals and has the skills to accelerate the development process.”

Nisa has also parted company with three members of the senior management team, with finance director Simon Webster, IT director Wayne Swallow and Raj Krishan, format and development director leaving the business.