Matalan announced Nordvall’s exit today (3 August), alongside the promotion of chair Karl-Heinz Holland as the value fashion retailer’s new executive chair on a permanent basis, with immediate effect. Nordvall’s departure comes less than a year after he joined Matalan as CEO in February. He succeeded former CEO Jo Whitfield , joining the business after 17 years at Swedish fashion giant H&M , including three years as managing director for the UK and Ireland. I want to sincerely thank Karl-Heinz for the opportunity, and I wish him, the executive team and the entire organisation all the best moving forward.” Advertisement“Together with Matalan’s executive team and colleagues across the business, I look forward to building on the progress we have made over the past year.