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RNS Number : 1083B Pets At Home Group Plc 29 September 2025
FOR IMMEDIATE RELEASE, 29 SEPTEMBER 2025
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
THE MARKET ABUSE REGULATION (EU) 596/2014 ("EU MAR") AND ARTICLE 7 OF THE
MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF DOMESTIC LAW IN
THE UNITED KINGDOM (THE "UK") BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL)
ACT 2018 ("UK MAR").
Pets at Home Group Plc
Pets at Home announces Chief Financial Officer transition
Pets at Home Group Plc (Company) announces today that Mike Iddon, Chief
Financial Officer, advised the Board of his intention to retire from his role
with the Company following nine years of leadership during what has been a
period of growth, maturity and expansion for the business. Mike will remain in
his role until Spring 2026, to ensure an orderly transition.
As part of the Company's succession planning process and following a
comprehensive search that began some months ago, the Board of the Company is
pleased to announce the appointment of Sarah Pollard as Chief Financial
Officer and Executive Director. The Company will announce the precise date of
Sarah's appointment in due course.
Sarah joins the Company with extensive consumer experience, most recently as
Chief Financial Officer at PZ Cussons Plc since 2021 and prior to that, as
Finance Director at Birds Eye and subsequently Deputy Chief Financial Officer
at Nomad Foods, listed on the New York Stock Exchange since 2015. She has also
held finance leadership roles at Unilever Plc, Tesco Plc, Pepsico Inc and
Diageo Plc.
There are no other matters to be disclosed in respect of Sarah Pollard
pursuant to UK Listing Rule 6.4.8R.
Ian Burke, Executive Chair, commented: "On behalf of the Board, I would like
to thank Mike for the contribution he has made since joining the business in
2016. During his tenure, consumer revenues have more than doubled to £2.0bn
and we have returned over £500m to shareholders, with Mike leading the
business with calmness and a relentless focus on high standards. Mike will
leave next year with our best wishes for a happy and well-deserved retirement.
"I am delighted to welcome Sarah to Pets and she brings with her extensive
experience gained in highly competitive consumer sectors. The Board and I look
forward to working alongside her, to deliver value for all our stakeholders -
customers, colleagues and shareholders - as we continue to deliver our
well-established omnichannel, consumer centric strategy."
Mike Iddon said: "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 while always keeping pet owners, our colleagues and
our investors at its heart. 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. Pets at Home is a truly purpose led
business, and I wish the Board and team every success in the future."
Sarah Pollard, said: "I am thrilled to be joining Ian and the team at Pets. It
is a truly purpose-led business, operating in a robust sector, with a
market-leading position from which it can create enduring value for
shareholders, and financial success in which all stakeholders can share. I am
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."
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:
Angharad
Couch
+44 (0) 7507 643 004
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 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.
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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