Dr. Martens CEO Steve Murray resigns

In a media statement, Dr. Martens has announced that its chief executive Steve Murray and the board have mutually decided that the time is right for a change in leadership. The company added that Murray leaves the company after three successful years running Dr. Martens, in which he stabilised the business and invested in its structure and operations following several decades of family ownership. Paul Mason, Chairman, will take on an interim leadership role while the search for a replacement gets underway.

Commenting on the development, Mason said: “On behalf of the board, I would like to thank Steve for his contribution to the business over the past three years. We have a talented and experienced leadership team in place and the business is delivering on its ambitious strategy. As Dr. Martens enters the next phase of its history, it is trading well and is ideally placed to accelerate its growth still further in the years ahead.”

Steve Murray quits CEO’s role at Dr. Martens

The decision was conveyed to Dr. Martens’ staff through an internal communication last week which said: After three successful years running Dr. Martens, Steve Murray CEO and the board have agreed that it is time for a change in leadership. Steve has done some great work putting people and structures in place and we are now well placed to move into a new phase of accelerated growth.

Commenting on the mutual decision, Murray said in a statement, "Dr Martens is an iconic brand that has a truly global appeal. It was a privilege to lead the company through this important phase in its history, and to help build on its already strong product offering. With the foundations in place, I am sure Dr. Martens will continue to grow both in the UK and internationally."

The company added that the business is in a very strong position, financially and operationally. The company is growing across all retail channels and has delivered top-line and bottom line double digit growth in their latest financial performance.

Picture:Facebook/Dr Martens