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Pin to quick picksPets at home Share News (PETS)

Share Price Information for Pets at home (PETS)

London Stock Exchange
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Share Price: 296.00
Bid: 297.80
Ask: 298.20
Change: 4.20 (1.44%)
Spread: 0.40 (0.134%)
Open: 290.20
High: 298.60
Low: 290.20
Prev. Close: 291.80
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Pets At Home Calls On Studio Retail Chair Burke To Replace DeNunzio

Fri, 07th Feb 2020 09:10

(Alliance News) - Pets At Home Group PLC on Friday said it has named Ian Burke as its new non-executive chair, taking over from Tony DeNunzio at the start of the new financial year.

Burke is currently chair of home shopping firm Studio Retail Group PLC, a role he has held since 2017, and is also a non-executive director at shopping centre owner Intu Properties PLC. He had a "long tenure" on the board of gambling firm Rank Group PLC, where he had been chair and chief executive officer. He also was CEO of Thistle Hotels.

In addition, Burke was formerly chaired privately owned veterinary group Vet Partners Ltd.

Pets At Home said incumbent Tony DeNunzio will remain in the role during a handover period, before calling time on a 10-year stint as chair of the pet supplies and veterinary firm.

CEO Peter Pritchard said: "Over the last 10 years, Tony has been an exceptional chair overseeing our transition from a private business to a listed company.

"Our recent performance is reflective of the progress we are making by focusing on our core capabilities and differences."

The company said Burke will take over following the conclusion of the company's current financial year, which ends on March 26.

Pets At Home shares were down 1.4% at 302.60 pence early Friday in London.

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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