Pepco Group appoints former CEO Andy Bond as next chairman of the board

Pepco Group appoints former CEO Andy Bond as next chairman of the board

Pepco Group, owner of the Pepco and Dealz brands in Europe and Poundland in the UK, has announced the appointment of Andy Bond as Chairman and Neil Galloway as Chief Financial Officer.

The company said in a statement that the board will propose the appointment of Bond – who was the former CEO of the Pepco Group and led it through its IPO on the Warsaw Stock Exchange – as chairman of the company’s annual general meeting on February 2, 2023.

Andy Bond, ex-CEO of the Pepco Group, returns as Chairman of the Board of Directors

Richard Burrows, the company added, who joined as chairman in May 2021 at the time of the company’s IPO, will step down from the board at the end of the AGM.

Commenting on the new appointments, Richard Burrows, outgoing Chairman of Pepco Group, said: “It is great to welcome Andy back as our new Chairman. Alongside Trevor Masters as CEO, Neil Galloway as Chief Financial Officer and an experienced Board of Directors, the Pepco Group will continue its ambitious expansion plan.

Bond had resigned from his executive duties and from the board in March 2022 due to health issues from which he later fully recovered. He had a very successful decade-long career with the Pepco Group, including listing the company.

Commenting on his return to the Pepco Group as Chairman, Bond said: “I am delighted to join the Pepco Group as Chairman. Pepco is a fantastic company with an exciting future ahead of it.

Neil Galloway joins Pepco Group as Chief Financial Officer

Neil Galloway, the company added, will join Pepco Group as Chief Financial Officer on April 1, 2023 from IWG plc, a leading provider of flexible workspaces in 120 countries, where he was Vice Chairman. executive. He will be appointed Executive Director at the company’s AGM.

“I would like to express my thanks to Richard for his top notch management of the Pepco Group, guiding him and the Board through a successful period, including as a listed company. I am delighted to be working again with Andy, alongside Neil,” added Pepco Group Chief Executive Trevor Masters.

Prior to IWG, Galloway was Group Chief Financial Officer and Executive Director from 2013 to 2019 at The Dairy Farm Group (now DFI Retail Group), the London and Singapore-listed international multi-format retailer that operates supermarkets, convenience stores, health and beauty stores. , home furnishing stores and restaurants in 11 markets in Asia. During his tenure, he was responsible for the Group’s franchise with IKEA.

Previously, he was Chief Financial Officer and Chief Financial Officer at The Hongkong & Shanghai Hotels, owner and operator of Peninsula Hotels. He began his career in investment banking, working on a wide range of transactions and holding senior positions at ABN AMRO and HSBC.

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