Halfords Executive Upheaval Continues as CFO Joins Easyjet

Halfords Group Plc lost its second senior executive this year as the U.K. car parts and bicycles retailer said its chief financial officer is stepping down to take the same role at EasyJet Plc.

Andrew Findlay will leave by the end of October, Halfords said in a statement Monday, only weeks after concluding its search for a new chief executive officer. Jill McDonald, the head of McDonald’s Corp.’s U.K. operations, was named as CEO last month, replacing Matt Davies, who is joining Tesco Plc.

Findlay, who became CFO in February 2011, has “played an important role in the recent Halfords story,” the Redditch, England-based company said. Fourth-quarter business has been in line with management expectations, according to the company, which will report full-year results on June 5.

Findlay replaces outgoing EasyJet CFO Chris Kennedy who said in January that he planned to resign to become finance head at chipmaker ARM Holdings.

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