Poundstretcher strengthens its leadership team with strategic inclusions from Morrisons, marking a significant step in its expansion journey. The company has announced several senior appointments aimed at enhancing its commercial and operational efficiency, a move attributed to its new private equity ownership.
- Miles Foster, a seasoned professional with 35 years at Morrisons, joins as the Group Operations Director overseeing 300 stores.
- Liz Harris, also from Morrisons, takes charge of retail operations after a near two-decade tenure with the retailer.
- The commercial domain sees Tony Fearon as the new Group Commercial Director, supported by former Poundland executive Kyle Storey, and ex-Morrisons exec Connor Black.
- Additional expertise is brought in by appointing Annette Beecham and Mandy Fitzpatrick to prominent managerial roles.
Poundstretcher is reinforcing its leadership under the stewardship of a new private equity owner. The company is making decisive moves by appointing experienced professionals from Morrisons to boost its strategic and operational capabilities. This series of appointments is set to solidify the retailer’s growth plans, reflecting its ambitions under Fortress Investment Group.
Miles Foster, offering over three decades of expertise from a leading supermarket chain, joins as Group Operations Director. Tasked with supervising more than 300 outlets, Foster’s leadership is expected to play a crucial role in navigating Poundstretcher’s retail landscape. Reporting directly to CEO Andy Atkinson, Foster’s role is pivotal as the company projects an expansive growth trajectory.
Supporting this transformative phase is Liz Harris, who leaves behind a noteworthy tenure at Morrisons to steer the retail operations team. Her experience within the industry positions her uniquely to propel Poundstretcher’s operational efficiency and customer service initiatives.
The commercial team is enhanced with the inclusion of Tony Fearon, taking the helm as Group Commercial Director. Fearon is charged with redefining the commercial strategies and product offerings of Poundstretcher. Kyle Storey and Connor Black bring further expertise, focusing on fast-moving consumer goods and pet products, respectively.
Further bolstering the ranks are Annette Beecham and Mandy Fitzpatrick, who step into key roles based on their impressive track records at Home Bargains, B&M, and Poundland. These appointments are complemented by new area managers Tim Dearing, Simon Smith, and James MacTavish, whose experiences from esteemed retailers such as B&M and Asda are instrumental for regional operations.
CEO Andy Atkinson expressed enthusiasm about the collective industry acumen, stating, “These are exciting times ahead for Poundstretcher“. The strategic recruitment from Morrisons symbolises not only a refinement of leadership but signals a period of anticipated growth and enhanced customer service as Poundstretcher embarks on its journey forward.
Poundstretcher’s strategic appointments from Morrisons reflect its determined pursuit of growth and operational excellence under new leadership.
