Parfetts has appointed Richard Bone as its new Commercial Director. He is joining the wholesaler from the buying group Unitas, where he was Finance Director for over three years.
Bone will take up his position at Parfetts in late summer, tasked with supporting the company’s stated growth plans of reaching a turnover of £1bn and operating a 2,000-strong symbol store estate.
Commenting on his move, Bone said: “Parfetts employee-owned model appealed to me because it allows the business to invest back into better serving its customers and supporting its staff. You can already see the impact of this approach with the fast growth of the depots and Go Local fascia, alongside a happy and long-serving team. I look forward to contributing to the continued success of the company.”
In its latest annual results, Parfetts saw its turnover increase 6.7% to £646m and operating profits jump 51% to £8.5m. The company noted that profits would be invested back into the business with the continued expansion of its delivery network, depot operations and symbol estate of 1,300 retailers.
Guy Swindell, joint Managing Director of Parfetts, commented: “Richard brings a wealth of experience and talent to the business, and we look forward to the impact he’ll make. We are constantly looking for new ways to improve our business and the service we offer customers. I believe that Richard strengthens our management team and will be a real asset going forward.”
