Marshall welcomes Virgin man's appointment at Garden Centre Group

Garden Centre Group chief executive Nicholas Marshall has welcomed the appointment of former Virgin Group chief executive Stephen Murphy as chairman five months after Terra Firma bought the 129-centre chain in a £276m deal.

Murphy joined Virgin in 1994 as group finance director following a string of senior positions at FMCG companies such as Mars and Unilever. He eventually succeeded Sir Richard Branson as group chief executive of Virgin in 2005.

Murphy serves on several boards within the Virgin group of companies and remains a non-executive partner at corporate finance firm Ashcombe Advisors.

He is also non-executive chairman of Jumeriah Group, the hotels and property business based in Dubai, and The Learning Clinic, and sits on the board of The Business Growth Fund.

Marshall said: "I'm flattered he's decided to join us because he could have gone anywhere. He was CEO of Virgin so understands very well the importance of brands and because Virgin is probably one of Britain's best-known brands he's used to dealing with very entrepeneurial companies, because Virgin is. He had been chief financial officer for 15 years and then took on the CEO position and was the first CEO after Richard Branson, which is quite an accolade in itself."

Marshall said Murphy's role would be to support the management team and that ensure that shareholders' interests are best served, being the link between shareholders to ensure the company is properly governed.

Murphy said: "The Garden Centre Group is a brilliant business, and I am excited about working with the company and to support its continued grow."

Terra Firma chairman Guy Hands said: "He is an exceptional leader with enormous experience in retail and across many other sectors. I am sure he will add great value to the Garden Centre Group."

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Sign up now
Already registered?
Sign in

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Read These Next

Business Planning - Staff are your greatest asset

Business Planning - Staff are your greatest asset

An effective strategy to retain staff is the best way for any business to avoid a potential recruitment crisis, Neville Stein advises.

Why are small garden centre groups expanding?

Why are small garden centre groups expanding?

After Coolings bought a third site in Kent this October, what is driving garden centres to add extra locations to their offer?

Should garden centres try and appeal more to older people?

Should garden centres try and appeal more to older people?

Garden centres may be better off looking towards their traditional demographic than chasing young customers.

Follow us on:
  • Facebook
  • LinkedIn
  • Twitter
  • Google +
Horticulture Jobs
More Horticulture Jobs

Horticulture Week Top 100 GARDEN CENTRES 2017

See our exclusive ranking of garden centre performance by annual turnover. 

Garden Centre Prices

Peter Seabrook

Inspiration and insight from travels around the horticultural world

Read more Peter Seabrook articles

Neville Stein

Business advice from Neville Stein, MD of business consultancy Ovation

Read latest articles