Booths is searching for a new chief financial officer as Ross Faith has stepped down.

Faith joined the upmarket grocer in 2017 at a time when the company suffered losses of £13.5m and played a major part in helping return Booths to profitability.

A spokeswoman told The Grocer that he will continue to advise on banking and property interests as a non-executive director, however has left his CFO position to follow “other business interests”.

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According to his LinkedIn, Faith began a new position as chief financial officer at marine property company Aquavista earlier this month.

While Booths finds a permanent replacement for Faith, head of finance Damien MacDonald has been named acting CFO.

During his time at the northern supermarket, Faith was also responsible for IT, compliance and property, which will now be taken over by managing director Nigel Murray.

The news comes as it emerged that Booths will axe self-service checkouts in its stores to bolster its reputation for customer service and premium store experience.