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Primark finance chief leaves retailer after six years

By John Mulligan

The chief financial officer of Dublin-based retail giant Primark has left the company after six years in the role, it can be revealed.

Aidan Shields, from Co Cork in the Republic, is understood to have moved back to the US with his family, where he was living before taking up the Primark job.

Mr Shields' departure comes just as the company accelerates its roll-out in the US, having opened its first store there last September in Boston.

Primark is owned by UK group, Associated British Foods.

A spokesman confirmed Mr Shields' departure and said that a successor would be appointed in due course.

The role is certain to lure a number of high-ranking candidates.

Mr Shields worked closely with Primark chief executive Paul Marchant, who has headed the clothing chain since 2009, when he took over from the legendary Arthur Ryan.

Mr Marchant had previously been the chief operating officer of New Look.

Before joining Primark, he worked for retailer Gap and its Old Navy unit, as well as for KPMG in the US.

Primark, which has 11 stores in Northern Ireland, is the gem in ABF's portfolio of activities, which stretch from sugar production to argi-feeds.

ABF is controlled by the Weston family.

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