Appointment of CEO

RNS Number : 4808N

Pets At Home Group Plc

01 June 2022

 

FOR IMMEDIATE RELEASE, 1 JUNE 2022

Pets at Home Group Plc: APPOINTMENT OF CEO

Pets at Home Group Plc, the UK's leading pet care business, is pleased to announce the appointment of Lyssa McGowan as Group Chief Executive Officer with effect from 1 June 2022.   Lyssa was appointed to the Board as CEO Designate on 25 April 2022.

Lyssa succeeds Peter Pritchard, who after eleven years at Pets at Home announced his intention in November 2021 to step down from his role, and has remained with the business to ensure a seamless transition. Peter resigned as a director of the Company on 31 May 2022.

Ian Burke, Chairman of Pets at Home, commented:

"Pets at Home has thrived under Peter's leadership. In the four years since his appointment as CEO, its share of the pet care market has grown significantly, and his strategy to leverage the Group's capabilities, bringing together joint venture veterinary services, grooming, product, multi-channel, and subscriptions has transformed the business into the UK's market leading omnichannel pet care provider focused on serving the needs of the pet owner. 

"On behalf of the Board and colleagues across the Group, I would like to thank Peter for his tireless work and dedication as CEO of Pets at Home. His leadership has given the business a  firm foundation for growth long into the future, and he leaves with our very best wishes.

"I have no doubt that Pets at Home will continue to create value for all stakeholders under Lyssa's stewardship, and I look forward to supporting her and her Executive Management Team as they lead the business through its next phase of growth."

Lyssa McGowan, CEO, commented:

"Having spent the past six weeks working across all parts of the business, I have witnessed first hand the passion, dedication and expertise of all our colleagues and Partners in making life better for pets and the people who love them.

"I would like to take this opportunity to thank Peter for his great leadership of this fantastic business and his support and guidance through the recent transition. He leaves the business in excellent shape and with a strong purpose-led culture that underpins its success. I am excited to work with the Board and Executive Management Team to continue building the best pet care business in the world."

This disclosure is given in accordance with Listing Rule 9.6.11. There is no further information to be disclosed under paragraph 9.6.13R of the Listing Rules.  

Enquiries

Pets at Home Group Plc:  

Lucy Williams, Company Secretary

[phone]

Investor Relations/Media Enquiries
Pets at Home Group Plc:  

Roger Tejwani, Director of Investor Relations & External Communication
[phone] 

About Pets at Home

Pets at Home Group Plc is the UK's leading pet care business; our commitment is to make sure pets and their owners get the very best advice, products and care. Pet products are available online or from our 457 stores, many of which also have vet practices and grooming salons. Pets at Home also operates a UK leading small animal veterinary business, with 443 First Opinion practices located both in our stores and in standalone locations. For more information visit: http://investors.petsathome.com/

Disclaimer

This trading statement does not constitute an invitation to underwrite, subscribe for, or otherwise acquire or dispose of any Pets at Home Group Plc shares or other securities nor should it form the basis of or be relied on in connection with any contract or commitment whatsoever. It does not constitute a recommendation regarding any securities. Past performance, including the price at which the Company's securities have been bought or sold in the past, is no guide to future performance and persons needing advice should consult an independent financial adviser. Certain statements in this trading statement constitute forward-looking statements. Any statement in this document that is not a statement of historical fact including, without limitation, those regarding the Company's future plans and expectations, operations, financial performance, financial condition and business is a forward-looking statement. Such forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks and uncertainties include, among other factors, changing economic, financial, business or other market conditions. These and other factors could adversely affect the outcome and financial effects of the plans and events described in this statement. As a result you are cautioned not to place reliance on such forward-looking statements. Nothing in this statement should be construed as a profit forecast.

 

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