Philip Daw joined innovative and fast-growing UK fitness apparel brand, Gymshark, as Chief Financial Officer after having served as Partner at Daw White Murrall for almost three decades.
Philip brings in-depth knowledge of finance, accounting and commercial issues from working in a range of industries and a variety of businesses. In his prominent role at Gymshark, he is responsible for helping the company grow through implementing effective accounting strategies. Having clocked up decades as a professional in general practice, Philip can offer valuable experience and expertise in a collaborative environment with a young and talented team.
Prior to taking on the role as Chief Financial Officer at Gymshark, Philip was a Senior Partner at Daw White Murrall, a chartered accountancy practice that he founded together with three other partners in 1991. Gymshark was one of the firm’s clients when Gymshark was turning over just £9 million a year in 2015. The brand continued to grow rapidly and the auditing function was subsequently assumed by Mazars, PwC and Deloitte.
In 2019 Philip and Gymshark’s Chief Strategic Officer, Paul Richardson, collected The Profit Track 100 award for international growth in recognition of the brand’s sales outside of the United Kingdom growing by 163% to £81 million.
In August 2020, a deal was struck that valued Gymshark at more than £1bn. The valuation means that Gymshark joins the list of less than 25 British companies to have attained 'unicorn' status since 2001.