// Poundland owner Pepco Group to hire former CEO Andy Bond as chairman
// Pepco will also be hiring Neil Galloway as chief financial officer
Poundland owner Pepco Group will appoint its former chief executive Andy Bond as its chairman.
The group will propose the appointment at its AGM on 23 February. Bond is set to replace Richard Burrows who joined as chairman in May 2021.
Pepco will also be hiring Neil Galloway as chief financial officer.
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Bond stood down as chief executive role in March this year following health issues but has now made a full recovery.
His ten-year career with the business has included leading it through its flotation on the Warsaw Stock Exchange.
Meanwhile, Galloway will join Pepco on 1 April 2023 from flexible workplace provider IWG, where he was most recently executive vice-president.
Burrows said: “It is great to welcome Andy back as incoming chairman. Alongside Trevor Masters as CEO, Neil Galloway as CFO and an experienced board, Pepco Group will continue on its ambitious expansion plan.
“Having led the board since the IPO and a smooth leadership transition to Trevor, I have seen the effectiveness of our strategy translate into very tangible growth and now is the right time for me to step aside.”
Masters added: “I would like to express my thanks to Richard for his first-class stewardship of Pepco Group, guiding it and the board through a successful period, including as a listed company. I am excited to be working with Andy again, alongside Neil.
“Neil brings a wealth of retail and finance experience, and a track record in supporting growing businesses in global markets. His expertise will be instrumental in supporting the group’s strategy to be a bigger, better, cheaper and simpler business.”
