Pepco Group, the owner of the Poundland, Pepco and Dealz chains, has announced that Andy Bond is set to rejoin its board as Chairman after stepping down from his former role of Chief Executive earlier this year.
In January, it was revealed that Bond was leaving the business at the end of March due to “health reasons”. He was replaced by Trevor Masters.
Pepco said today that Bond has now made a full recovery from his health issues, and it would propose his appointment as Chairman at the company’s AGM on 2 February 2023. The former Asda CEO had a successful ten-year career with the Pepco Group, including listing the business and driving its expansion across Europe.
He will replace Richard Burrows, who joined as Chairman in May 2021 at the time of the group’s IPO.
Bond commented: “I am delighted to be re-joining Pepco Group in the role of Chairman. Pepco is a fantastic company with an exciting future ahead. I look forward to working with Trevor and Neil, the Board and other stakeholders to continue the group’s growth story.”
Meanwhile, it was also announced that Neil Galloway will be joining the fast-growing retailer as Chief Financial Officer next April, taking over from Interim CFO Mat Ankers.
Galloway’s last role was as Executive VP at IWG, a provider of flexible workspace in 120 countries. Before that, he was Group Finance Director and an Executive Director from 2013 to 2019 at The Dairy Farm Group, the multi-format retailer that operates supermarkets, convenience, health & beauty, and furniture stores across 11 markets in Asia.
CEO Trevor Masters said: “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.”
