IG Design Group names Ari Bensoussan as CFO as Rohan Cummings prepares to leave

Gift-wrapped present

IG Design Group (LSE:IGR) has appointed Ari Bensoussan as its new Chief Financial Officer as part of a planned change to the company’s senior leadership team.

Bensoussan will take up the CFO position and join the board as an executive director on 1 September 2026. He replaces Rohan Cummings, who will step down from the board on 31 August but remain with the business until the end of the year to help ensure a smooth handover.

The incoming finance chief brings almost three decades of experience spanning finance, strategy and mergers and acquisitions, with much of his career spent at international consumer businesses. His previous roles include senior positions at Thai Union and Nestlé, giving him extensive exposure to global operations and commercial strategy.

IG Design Group’s board highlighted Cummings’ contribution to the recent restructuring and simplification of the business. During his tenure, the group completed the disposal of DG Americas and renegotiated its banking arrangements, helping strengthen its balance sheet and create a more focused operating structure.

Chair Stewart Gilliland said Bensoussan’s international financial and commercial expertise would be valuable as the company seeks to expand its customer reach and strengthen its commercial capabilities while retaining financial discipline. The appointment indicates that improving operational resilience and pursuing sustainable growth will remain central priorities following the group’s recent restructuring.

IG Design Group’s investment outlook nevertheless continues to face pressure from uneven financial performance. Revenue declined sharply in 2026, profitability has been inconsistent and free cash flow was negative across 2025 and 2026, although the strengthened balance sheet provides some financial resilience.

The technical picture is more positive, with the shares trading comfortably above their major moving averages and indicating strong underlying price momentum. Valuation remains a less supportive factor, however, given the negative price-to-earnings ratio and the absence of dividend yield data.

More about IG Design Group

IG Design Group plc is a global designer, innovator and manufacturer of products including gift packaging, greeting cards, stationery, creative play ranges and other celebration-related goods. Its vertically integrated operations include manufacturing facilities in Wales, the Netherlands and Poland, with the company supplying more than 550 million units annually across approximately 70 countries.

The group has operations spanning the UK, Europe and Australia and supplies major retailers and supermarkets including Tesco, Costco and Aldi, alongside discount chains, e-commerce platforms and independent retailers. Its heritage Tom Smith brand holds a Royal Warrant for Christmas crackers and wrapping paper, while IG Design Group is listed on the AIM market of the London Stock Exchange.

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