Pepco Group appoints Trevor Masters as chief executive on permanent basis
Pepco Group, the owner of Poundland, Pepco and Dealz, has appointed Trevor Masters as chief executive on a permanent basis.
Having carried out the role on an interim basis since January. he was identified as the “outstanding candidate” for the role following an extensive search process commissioned by the Pepco Group board.
Prior to taking up the interim chief executive position, Masters had led the Pepco brand since joining the group in November 2019. With 40 years’ experience within the retail sector, both within the UK and internationally, he previously served as chief executive of Tesco International and in various operational roles within the UK for the supermarket.
Masters said: ”I am very honoured to be appointed the chief executive of Pepco Group. We have a clear strategy and a significant growth plan that we are successfully executing against. Our business is about delivering great value and choice for our consumers day in, day out. I very much look forward to working with our talented colleagues across the business to ensure that we continue to deliver for customers and shareholders alike.”
In separate news, Pepco Group said that Nick Wharton has informed the board of his intention to step down as chief financial officer at the end of April due to a continuation of health issues. Wharton joined the group in 2018 and played a key role in its flotation on the Warsaw Stock Exchange in May 2021. He will remain an advisor to the board until the end of the financial year.
Meanwhile, Mat Ankers has been appointed to the role on an interim basis while the group carries out an internal and external search process for Wharton’s successor.
