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Retailer Pets At Home (PETS.L) has ended its three-month search for a new boss with the appointment of former Waitrose managing director James Bailey to the top post.
Bailey, who will take up the role on March 30, replaces Lyssa McGowan after she quit abruptly in September amid profit warnings and sliding sales, ending a three-year tenure at the helm.
Chairman Ian Burke took the helm on an interim basis after she left, but will revert back to become non-executive chairman when Bailey joins next spring.
Bailey was previously managing director of Waitrose for more than five years until he left in August, which saw him steer the upmarket grocery chain through the pandemic and the following spike in food price inflation.
Before Waitrose, he held a raft of senior roles during a 20-year career at supermarket giant Sainsbury’s, including grocery buying director.