Pets at Home Group Plc (LON: PETS) has revealed that Chief Financial Officer Mike Iddon will retire in Spring 2026 after nine years. A successor, Sarah Pollard, has been appointed to ensure a smooth transition.
Pollard has extensive consumer experience, most recently serving as CFO at PZ Cussons Plc since 2021. Her previous roles include Finance Director at Birds Eye and Deputy Chief Financial Officer at Nomad Foods, a New York Stock Exchange-listed company.
She also held finance leadership positions at Unilever Plc, Tesco Plc, Pepsico Inc and Diageo Plc. The exact date of Pollard's appointment will be announced later.
Iddon’s tenure saw strong growth, with consumer revenues more than doubling to £2.0 billion. Over £500 million was returned to shareholders during this period.
The company highlighted Iddon’s leadership, especially his focus on high standards.
Executive Chair Ian Burke commented on the transition, “On behalf of the Board, I would like to thank Mike for the contribution he has made since joining the business in 2016.”
“I am delighted to welcome Sarah to Pets and she brings with her extensive experience gained in highly competitive consumer sectors.”
Iddon stated: “It has been a privilege to serve at Pets at Home over the past 9 years, during which time the business has gone through profound transformation and growth… I will retire leaving the business with a well invested platform, a sector leading vet business and a robust balance sheet that sets it up well for the future.”
Meanwhile, Pollard said she is “looking forward to bringing my experience gained from a career in UK retail and consumer product public companies, to build on Mike's strong legacy and help propel Pets forward on its next exciting chapter.”
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