Jollyes appoints Joe Wykes as chief executive
Pet retailer Jollyes has promoted Joe Wykes to the position of chief executive.
The move comes as the retailer implements its expansion plans which will include growing its annual turnover to £100 million in the next 12 months.
Wykes joined Jollyes as chief operating officer in July 2021 and has since played a key role in new store openings, acquisitions, online investment and the extension of the retailer’s distribution and logistics contract with Wincanton.
Prior to joining the company, he worked for two years as chief operating officer at Benson for Beds and also previously held senior roles in finance and operations in a number of private equity-backed retail businesses.
Richard Cotter, Jollyes’ executive chairman, said: “I am confident that in Joe we have a CEO who has the energy, drive, passion and commitment to deliver our strategic objectives – and, just as importantly, someone from inside our business who knows and understands what we stand for.
“Because of the amazing Jollyes team, I’m looking forward to the bright future ahead of us as we look to open new stores, acquire new businesses and invest in our people.”
Cotter will continue as executive chairman of Jollyes, but over the next few months will move back to the role of non-executive chair that he assumed when first joining the business in 2018.
In January, Jollyes reported record sales of £42 million for the half year to November.
Backed by Kester Capital, Jollyes plans to open 20 new stores in the next 12 months, organically and through acquisitions.