Game taps Ray Kavanagh to fill CFO position

High street retailer Game Digital appointed former House of Fraser executive Ray Kavanagh to the role of chief financial officer on Friday.

Kavanagh joined Game as its interim director of corporate finance in January 2018 and, back in June, was elevated to the role of interim chief financial officer at the London-listed outfit.

Kavanagh, who has over two decades of experience in the retail sector, including two years on the board of House of Fraser as its commercial and supply chain director, will be subject to election at the company's next annual general meeting.

Chief executive Martyn Gibbs, said: "We are pleased that Ray is joining the board after a period as interim chief financial officer. He has a solid understanding of the retail sector and the right expertise to implement strategic and commercial initiatives from a finance perspective."

Kavanagh added: "I look forward to continuing my work with Martyn and the team and to contributing to the development and evolution of the business."

As of 0840 BST, Game shares had ticked up 0.89% to 28.65p.