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BREAKING NEWS: CMJ appoints new chief executive

The Company of Master Jewellers (CMJ) has appointed Terry Boot to the role of chief executive.

Boot, who has been acting as interim chief executive with the organisation since August last year, has worked closely with CMJ’s board and senior management team to “steady and galvanise the group”, according to a statement from CMJ.

Prior to joining CMJ, Boot held the role of chief financial officer for footwear retailers Jones Bootmaker and Brantano, and has 25 years of retail industry experience.

Since assuming the role of interim chief executive in August, Boot has already overseen the sell-off of one of CMJ’s subsidiary companies, Facets PR, to its management team, and been instrumental in a detailed business review of the rest of CMJ’s group of companies.

According to CMJ, Boot will now continue to refocus the business on delivering its main priorities and ensuring the board’s objective of centring the focus on the core of CMJ is met.

terry boot

Terry Boot

Commenting on his appointment, Boot said: “I’m very pleased to be taking up this role permanently. I appreciate the confidence the board has shown in me. I’ve been inspired over my time at CMJ by the organisation and its people, the staff, members and suppliers.

“My key focus will be on our retail members and approved suppliers, to ensure that they are getting maximum benefit from the group; by that I mean the whole three-sixty offering, from financial agreements and discounts, to business support and the types of services we provide as a group.

“I’m looking forward to working closely with Lucy Reece-Raybould, executive director of business development. She has a wealth of experience in this industry and I believe our combined strengths in our areas of business will be a good dynamic for CMJ.”

CMJ chairman Michael Aldridge added: “The board is delighted Terry has accepted the role and believes he is the person to lead CMJ back to its core values. I stated at the AGM in August that our main business objective is to ensure we are putting the focus firmly on our members and suppliers to deliver maximum benefit back to them.

“Myself and the board are greatly encouraged by the achievements Terry has already accomplished towards those goals. We also believe that Terry, together with Lucy, will form a strong and successful senior management team, and we’re looking optimistically towards the future.”

Boot will officially commence his permanent appointment on Thursday, February 1.

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