Better Capital, the investment firm who owns Jaeger, has elected turnaround consultancy AlixPartners as a financial advisor to the fashion retailer following the Chief Executive Colin Henry’s departure last week. At the moment, the existing executives are running the business at Jaeger and they are not close to appointing a replacement for Henry yet.
Additionally, Jon Moulton, Founder and Chairman of Better Capital has split from business partner Mark Aldridge, Co-Founder of Better Capital. FTSE 100 company Capita Chief Operating Officer Simon Pilling has been appointed Chief Executive of Better Capital’s UK-based consultancy arm. Pilling joined Better Capital in November last year as Head of Portfolio