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Primark names Lucy Slinger as finance chief ahead of AB Foods split - Finance news and analysis from Global Banking & Finance Review
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Primark names Lucy Slinger as finance chief ahead of AB Foods split

Published by Global Banking & Finance Review

Posted on June 11, 2026

1 min read

· Last updated: June 11, 2026

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Lucy Slinger Named Primark Finance Chief Ahead of AB Foods Separation

Primark Strengthens Leadership Team Before AB Foods Spin-Off

Lucy Slinger's Appointment as Chief Financial Officer

LONDON, June 11 (Reuters) - Fashion retailer Primark named Lucy Slinger as its chief financial officer on Thursday, strengthening its leadership team ahead of its split from Associated British Foods.

Professional Background of Lucy Slinger

• Slinger joins Primark from IKEA franchisee Ingka Group, where she has served as deputy CFO.

Previous Experience at Shell

• Prior to Ingka Group, she spent over two decades at Shell in a range of senior finance leadership roles.

Recent Leadership Changes at Primark

• Slinger's appointment follows that of Eoin Tonge as Primark chief executive and Filip Ekvall as chief commercial officer in March.

AB Foods' Plans to Spin Off Primark

• AB Foods said in April it would spin off Primark from its food businesses, telling investors that it will be better positioned to grow on its own.

(Reporting by James Davey; Editing by Joe Bavier)

Key Takeaways

  • Lucy Slinger brings extensive financial leadership experience from Ingka Group and over two decades at Shell, underscoring Primark’s commitment to seasoned finance leadership.
  • The timing aligns with AB Foods' decision in April 2026 to demerge Primark into a standalone FTSE 100 retail company by end‑2027, with shareholders receiving shares in both entities and Wittington Investments retaining control of both (sahmcapital.com).
  • This CFO appointment follows recent leadership moves—Eoin Tonge as CEO and Filip Ekvall as CCO in March—highlighting Primark’s strategic readiness for independence and targeted growth as a stand‑alone retailer.

References

Frequently Asked Questions

Who has been appointed as Primark's new chief financial officer?
Lucy Slinger has been appointed as Primark's new chief financial officer.
What is the significance of the new CFO appointment at Primark?
The appointment strengthens Primark's leadership team ahead of its split from Associated British Foods.
Where did Lucy Slinger work before joining Primark?
Lucy Slinger was deputy CFO at Ingka Group, an IKEA franchisee, and spent over two decades at Shell.
Why is Primark splitting from Associated British Foods?
AB Foods believes Primark will be better positioned to grow on its own after the spin-off.
Who are the other recent executive appointments at Primark?
Eoin Tonge was named chief executive and Filip Ekvall as chief commercial officer in March.

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