UK-based kitchen and joinery supplier Howden Joinery said on Tuesday that Jackie Callaway will succeed Paul Hayes as the company’s new chief financial officer.

Callaway, currently serving as the CFO of British thread manufacturer Coats Group is also set to join Howden as its board director on June 2.

Hayes, who took on the role of Howden’s finance chief in late December 2020, will step down from both his position and his role as executive director on May 30.

In February, the company reported disappointing annual profit and outlined plans to reduce its cost base in order to achieve profitability amid challenging market conditions.