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PRIVACY
Retail & Consumer

Pets at Home boss resigns after more than a decade at the retail giant

Peter Pritchard joined in 2011 and became CEO in March 2018

Pets at Home CEO Peter Pritchard(Image: Pets at Home)

The chief executive of Pets at Home is to leave the business next summer after 11 years with the firm, it has been announced.

Peter Pritchard joined the Cheshire-headquartered retailer in 2011 as commercial director and worked his way up to his current role in March 2018.

The move comes after the listed company confirmed its pre-tax profits for the six months to the end of September are set to be at the top end of City expectations.

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Pets at Home also confirmed that a search for Mr Pritchard's successor will begin both internally and externally.

He will be paid his salary and bonuses for the rest of the year - his pay was £2.1 million last year - and will also be entitled to cash in some of his long-term share plans as the board consider him a "good leaver".

Mr Pritchard said: "Having completed everything that I set out to achieve in 2018, next summer is the right time to take well-earned rest and to hand over the reins to a new leader who will continue this journey."

During his tenure, he expanded the business's interests in additional services including vets and grooming salons and helped create a loyalty scheme which now has 6.5 million active members.