Belfast Telegraph

Cakes chain appoints new finance chief

By Ravender Sembhy

Patisserie Valerie, which has three outlets in Belfast, has appointed a new interim finance chief as the cakes chain attempts to bounce back from a tumultuous few months.

The company said Nick Perrin, formerly finance head at veterinary firm CVS, will take up the role while the board searches for a permanent replacement for predecessor Chris Marsh.

Mr Marsh was arrested on suspicion of fraud following the discovery of a black hole in Patisserie Valerie's accounts in October, but was later released.

He has since left the group but is under investigation by the Financial Reporting Council (FRC), which is also probing Grant Thornton's audit of Patisserie Valerie.

There are two Patisserie Valerie outlets in Belfast city centre and a third in Forestside Shopping Centre.

Boss Steve Francis said Mr Perrin "brings with him the necessary experience to help strengthen the team".

Belfast Telegraph

Weekly Business Digest Newsletter

This week's business news headlines, directly to your inbox every Tuesday.