These changes follow the departure of Steve Johnson after a decade with the company, which the board confirmed was by mutual agreement.
Joy steps into the CEO position after six years as CEO of Financial Services at N Brown. Before joining the company, he spent 11 years at Ikano Bank in several senior roles, including Group chief commercial officer.
Joy said: “I am extremely excited by the opportunity to lead N Brown through its next stage of transformative growth. Our heritage and evolution from a catalogue business to a leading online retail platform and credit provider have allowed us to build longstanding relationships with our loyal customers, ensuring we can continue to refine both our retail and financial services offerings to meet their changing needs.”
Le May brings over four decades of experience in consumer finance and banking to his position as chair.
Previously, he served in leading roles in Provident and Vanquis, and he has held positions on various public and private boards.
In a statement, Le May commented: “The managerial changes announced today facilitate the continued evolution of the strategic rationale set out when the company delisted last year, with the support of the Alliance family.
“Together, we will continue to evolve our offering by championing our Retail businesses and strengthening our capabilities in financial services, to ensure that all parts of the business move forward with clarity, confidence, and a shared sense of purpose.”
N Brown operates two main online retail platforms, JD Williams and Jacamo, along with the Simply Be brand. The group’s financial services segment works alongside its retail operations, targeting further expansion of its customer base.
The company indicated that its new leadership team will continue investing in both modernising and extending its financial services and retail offerings to address evolving customer requirements.
Majority shareholder, Joshua Alliance said: “Both bring the knowledge and expertise to lead the business in its next phase of growth, focused on expanding our financial services offering to meet changing customer needs and capture the significant market opportunity this presents.”
In October last year, N Brown Group confirmed to Just Style hundreds of jobs are currently at risk of redundancy as part of its wider plans to transform the company while navigating a challenging retail environment.
Headquartered in Manchester, UK, N Brown employs more than 1,200 people across the nation.
