Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Naked Wines appoints regional MD as new CEO

(Sharecast News) - Online wine retailer Naked Wines has appointed its UK managing director as its new chief executive after the abrupt departure of its former boss last November. Rodrigo Maza, who has been leading the UK division since September 2023, has been appointed as the CEO designate, and will join the board with immediate effect.

Maza will work with executive chair Rowan Gormley over the next several months to ensure a successful transition, the company said, after which he will assume the group CEO role permanently and Gormley will resume his previous role as non-executive chair.

"We are delighted to welcome Maza as CEO designate," Gormley said. "In his short time with us he has proven his ability to energise his team to get Naked back on the growth path, and his previous experience has a compelling combination of entrepreneurial startups and big company best practice, both of which we are going to need."

The appointment comes just three months after Naked Wines got rid of their former CEO Nick Devlin following a profit warning on the back of weaker-than-expected trading in the US.

At the time, Gormley said the shortfall was "largely to do with execution", which was largely due to Devlin splitting his time across both the role of CEO and US president.

Share this article

Related Sharecast Articles

Agronomics investee Solar Foods raises EUR 8m
(Sharecast News) - Cellular agriculture investor Agronomics announced on Friday that its portfolio company Solar Foods had raised an additional €8m through Finnish investment organiser Springvest.
Berenberg hikes target price on Greggs
(Sharecast News) - Analysts at Berenberg raised their target price on bakery chain Greggs from 3,550.0p to 3,990.0p on Friday as it noted that customer appeal had broadened as its market share was expanding.
Thousands of UK firms fighting for survival - Begbies Traynor
(Sharecast News) - More than half a million UK business are fighting for survival, according to an industry research published on Friday, weighed down by the weak economy.
Thruvision FY24 adjusted underlying losses widen
(Sharecast News) - Security technology business Thruvision said on Friday that adjusted underlying losses had widened in FY24 as revenues fell.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.