05 Oct Dr. Martens CEO Exits
Former Asda boss Paul Mason, who has been a Dr. Martens non-executive chairman since 2015, replaced Murray on an interim basis while the retailer undergoes a search for a permanent successor.
In an internal memo, Murray was credited with developing Dr Martens’ strategy and stabilising the business, which is now working to expand its product range and increase store numbers.
“After three successful years running Dr Martens, Steve Murray CEO and the board have agreed that it is time for a change in leadership,” the retailer said in an internal memo to staff last week. “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.”
Murray said: “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. I am proud of what we have achieved during the three years I have been CEO, and would like to thank all of our people for their commitment and dedication. With the foundations in place, I am sure Dr Martens will continue to grow both in the U.K. and internationally.”