Naked Wines plc announced that James Crawford has informed the board of his intention to step down as chief financial officer of the company in the autumn of 2024. This timing is consistent with the two-to-three-year incentive arrangement agreed with James when he rejoined the Board as CFO in 2022 and reflects his significant involvement over the past year in strengthening the financial position of the company. James will undertake a thorough transition process including overseeing the conclusion of the audit and presentation of the fiscal year 2024 results before leaving the business during the autumn by which time The company expects to have a successor in place.

The Company has a well advanced transition plan with the permanent recruitment process already underway.