REG - Pets at Home Grp - Appointment of CEO

Pets at HomeAnnouncement

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RNS Number : 5618M  Pets At Home Group Plc  23 December 2025

 

 

FOR IMMEDIATE RELEASE, 23 DECEMBER 2025

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION NOT FOR RELEASE, PUBLICATION OR
DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO
DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

Pets at Home Group Plc: Appointment of CEO

Pets at Home Group Plc ('Company'), the UK's leading pet care business, is
pleased to announce the appointment of James Bailey as Chief Executive Officer
with effect from 30 March 2026.

James was most recently Managing Director of Waitrose, a position he held for
over five years from April 2020. During his tenure, he led Waitrose to strong
sales and profit growth, steering the business through the challenging Covid
period and its immediate aftermath of high inflation. He also relaunched
Waitrose.com after the company moved off the Ocado platform. Prior to his
appointment at Waitrose, James held a number of senior roles over twenty years
at J Sainsbury plc, including Grocery Buying Director.

On 18 September 2025, Ian Burke was appointed Executive Chair pending the
arrival of a permanent Chief Executive Officer. Ian will revert to the role of
Non-Executive Chair upon James' arrival and will then focus his efforts on
supporting James through the transition period.

There are no other matters to be disclosed in respect of James Bailey pursuant
to UK Listing Rule 6.4.8R.

Ian Burke, Chair of Pets at Home, commented:

"On behalf of the Board, I am delighted to announce the appointment of James
Bailey as CEO of Pets at Home Group Plc.

Following an extensive search process, the Board believes James' experience
aligns well with the Group's ambitions for the coming years. His strong retail
leadership skills will support the ongoing focus on improving Pets at Home's
retail business, with significant operational and commercial experience
leading both stores and online operations. My Board colleagues and I very much
look forward to working with him."

James Bailey commented:

"I'm delighted to be joining Pets at Home, it's a business I've admired for a
long time and one I believe has a very bright future. I look forward to
working with the Board and to meeting and working with all of the Pets
colleagues and partners."

Remuneration

James Bailey's remuneration package will consist of a basic salary, benefits
and variable incentive arrangements which are in line with the Company's
Remuneration Policy.

The key elements of James Bailey's remuneration package are as follows:

·     Base salary of £639,770

·     Pension contribution of 6.5% of base salary in line with the
Company's Remuneration Policy and the outgoing CEO's remuneration package.

·     An annual bonus maximum award of 170% of base salary, in line with
the Company's Remuneration Policy and the outgoing CEO's remuneration package.

·     An annual award of share options equivalent to 250% of base salary,
dependent on shareholder approval to a revised Remuneration Policy to be
tabled for approval by shareholders at the Company's Annual General Meeting to
be held on 9 July 2026.

·     Benefits will also be in accordance with the Remuneration Policy
set out in the 2023 Annual Report and Accounts and approved by shareholders at
the 2023 AGM.

 

 ENDS

 

LEI: 2138003Y9ULD24PD3J93

 

Investor Relations Enquiries

Pets at Home Group Plc:
 

Andrew Porteous, Director of Investor Relations             +44
(0) 7740 361 849

Aaron Wood, Head of Investor Relations
                       +44 (0) 7702 083 154

Media Enquiries

Pets at Home Group
Plc:

Natalie Cullington, Head of Communications
+44 (0) 7974 594 701

Citigate Dewe
Rogerson:

Jos Bieneman
                       +44 (0) 7834 336 650

 

About Pets at Home

Pets at Home Group Plc is the UK's leading pet care business, providing pets
and their owners with the very best advice, products

and care. Pet products are available online or from over 450 pet care centres,
many of which also have vet practices and grooming

salons. The Group also operates a leading small animal veterinary business,
with over 440 veterinary general practices located both

in our pet care centres and in standalone locations. For more information
visit: https://www.petsathomeplc.com/

Disclaimer

This announcement contains information that is inside information for the
purposes of Article 7 of the UK version of Regulation (EU) No. 596/2014 which
is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as
amended (the Market Abuse Regulation ("MAR")). Upon the publication of this
announcement, such information will no longer constitute inside information.
Andrew Porteous, the Company's Director of Investor Relations, is the person
responsible for making the notification for the purposes of Article 17 of MAR.

 

 

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