ANIMAL SUPPLIES retailer Pets at Home has announced a number of changes to its C-suite, with CFO Ian Kellett promoted to chief executive following the resignation of Nick Wood.
Kellett has been with the company for over ten years, primarily as the firm’s CFO, in which he played a large role in the firm’s IPO, as well as serving as chief executive of its retail division.
He will become the group’s new chief exec on 4 April, following the resignation of Wood, who will remain with the company in an advisory role until 1 July.
Graeme Jenkins, current CFO of department store retailer Target Australia, will replace Kellett as the group’s CFO.
A number of other changes at the retailer have also been announced, including the appointment of Peter Pritchard as CEO of its retail division.
Commenting on Kellett’s appointment, Pets at Home chairman Tony DeNunzio, said: “I am delighted that Ian is succeeding Nick as CEO, having seen them work together so successfully over the past four years on the strategic development of the group.
He added: “His appointment is consistent with the succession plan the board set out when Ian was appointed last year as CEO of the retail division, and with the appointment of Graeme Jenkins as CFO.
“Ian has a strong vision for the group based on his experience over ten years with Pets at Home in both financial and operational roles and I am confident he will continue to provide excellent leadership to the group.”