Greggs CFO Richard Hutton is set to retire from the role after 28 years with the company.
Hutton will also step down from the board, which he has served on for 20 years.
Ben Waldron has been appointed as his successor and as an executive director of the company. He will join Greggs plc on 27th October 2026 and take over fully on 1st January 2027, when Hutton will step down.
Prior to joining Greggs, Waldron worked for Bakkavor Group plc, an international fresh prepared food business, where for over 14 years he held a number of senior leadership roles including CFO, group strategy director, CEO of Bakkavor Asia and CEO of Bakkavor USA.
Before joining Bakkavor, he spent 12 years with Ernst & Young, where he was an audit, advisory and transaction director.
Since leaving Bakkavor, he has been based in Australia working across a portfolio of advisory roles.
“On behalf of the board, I look forward to welcoming Ben to Greggs as chief financial officer. He will join the business at an exciting stage in its continued development,” said Matt Davies, chair of Greggs.
“His strong financial and commercial expertise, together with his experience in senior operational leadership roles within an international food manufacturing business, will be an invaluable asset to Greggs.
“I would also like to thank Richard for his outstanding commitment and leadership over many years. Since joining the board in 2006, he has played a central role in the development of the business and supported a period of significant growth.
“We are grateful that he will remain with Greggs to support an orderly handover before his retirement at the end of 2026.”
Roisin Currie, CEO of Greggs, said: “Richard has been a trusted colleague, and I have greatly valued the partnership we have built over many years.
“His contribution to Greggs has been outstanding, and he will leave with the warmest thanks and very best wishes from everyone across the company.
“I am also looking forward to welcoming Ben to Greggs and look forward to working with him as we continue to deliver our ambitious strategic plans.”
Waldron said: “I am delighted to be joining Greggs, a great British brand with a strong culture and exciting opportunities for continued growth.
“I look forward to working with Matt, Roisin, the board and the wider Greggs team to support the next stage of the company’s development.”
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