Pet care group Pets At Home (PETS) has announced the appointment of James Bailey as CEO starting from 30 March 2026.
Bailey was previously MD of Waitrose for over five years, during which he oversaw the launch of its online business after the brand moved off the Ocado (OCDO) platform, and before that he was at Sainsburys (SBRY) for 20 years in a variety of roles including grocery buying director.
| Price: 203p +1.8% | P/E: 14.1x |
| Market Cap: £893m | Yield: 6.5% |
Bailey’s experience in the FMCG business will undoubtedly be useful in managing PETS, especially as he’s overseen both bricks and mortar and online channels.
Hopefully this will also pep up the share price, which has been snoozing around the 200p level for several months.
Read the press release here: https://www.petsathomeplc.com/investors/
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