FAREWELL, FENWICK: David Walker-Smith has resigned as managing director of Fenwick of Bond Street, completing a three-year assignment with the store.

Walker-Smith joined Fenwick in February 2013 from Selfridges, where he was executive buying director. His brief was to reposition Fenwick’s Bond Street unit and optimize commercial opportunities and brand partnerships.

Fenwick is a family-owned, independent department store chain. Founded by John James Fenwick in Newcastle upon Tyne in the late 19th century, it currently has 11 branches across the U.K. The Bond Street unit is the flagship.

“It has been a privilege to direct this historic store into its 125th anniversary year and to equip the business for a strong future. The time is right for me to exit stage left,” he said.

Mark Fenwick, the company’s chairman, called Walker-Smith “an inspirational and creative force whose flair and understanding of our business has repositioned” the store.

The company did not say who might replace Walker-Smith, and Walker-Smith did not comment on his next move.

His exit comes just days after Michael Ward, the longtime managing director of Harrods, announced he was stepping down from his role.

During his time at Fenwick of Bond Street, Walker-Smith set a 4,150-square-foot space shoe department on the ground floor, a 1 million pounds, or $1.71 million, project.

Designed by Shayne Brady of Brady Williams, the Shoe Corner spans three rooms with a decor inspired by the boutiques of Twenties London, and specifically the original Mayfair Fenwick Town House at 63 New Bond Street.

Most recently, he helped to redesign the beauty space on the store’s ground floor, attracting such popular brands as MAC Cosmetics and Charlotte Tilbury. The new space also features a Clean and Lean To Go Café, run by Bodyism.