Peter Pritchard has introduced plans to step down because the chief executive of FTSE 250 retailer Pets at Home subsequent Summer.
The chain mentioned the boss will stay absolutely engaged in his function till late May to supervise the presentation of the group’s 2022 preliminary outcomes to traders.
A seek for a successor has been launched.
Pritchard, who’s 51, has led the business since 2018 and been with Pets at Home since 2011.
He immediately mentioned: “Having completed everything that I set out to achieve in 2018, next summer is the right time to take well-earned rest and to hand over the reins to a new leader who will continue this journey in becoming the best petcare business in the world.”
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The agency has seen excessive demand for services and products in the course of the pandemic, as a wave of individuals turned pet homeowners for the primary time, profiting from working from home in lockdowns.”
Ian Burke, chairman of Pets at Home, mentioned Pritchard’s “tireless work and dedication” has given the corporate “a very firm foundation for growth long into the future”.
The update got here because the retailer additionally mentioned primarily based on buying and selling yr to this point, the board anticipates that underlying pre-tax revenue for the 53 weeks to March 2022 can be on the prime finish of the present vary of analyst expectations.
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