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WKD and Shloer owner SHS Group appoints new CEO

22-Oct-2024 - Last updated on 22-Oct-2024 at 14:23 GMT

SHS Group CEO Arthur Richmond (left) is to hand the reigns over to former Asda vice president and commercial director Paul Gillow (right). Image: SHS Group

WKD and Shloer owner SHS Group has announced former Asda vice president and commercial director Paul Gillow is to take over as chief executive, following the departure of Arthur Richmond.

Richmond is to retire as CEO in 2025 after more than 28 years with the company. He will continue in his role into the new year, before transitioning to a non-executive position on the board.

Prior to his role as CEO, Richmond held the position of chief operating and finance officer and was in charge of the company’s merger and acquisition strategy. Since becoming CEO, he has focused on streamlining trading operations and establishing the executive leadership board.

Reflecting on his career

Commenting on his time in the role, Richmond said: “It has been a privilege to be part of the group through the various stages of growth and transformation. I’ve had the opportunity to work with incredibly talented people and I am extremely proud of what we have achieved together.

“While I am stepping back from full-time duties, I look forward to supporting the business in a new capacity as we enter the next phase of our development.”

Paul Gillow will join as SHS’s new CEO in January 2025, bringing with him more than 19 years of industry experience.

“I am delighted to join SHS and work with such a dynamic group to drive future progress and foster a culture that prioritises people and innovation,” said Gillow.

Role at Asda

At Asda, Gillow was responsible for commercial and supply chain operations across five major business units. Known for his expertise in commercial strategy, transformation and people development, Paul played a key role in shaping business strategy for the supermarket.

Karen Salters, Chair of SHS Group, added: “Arthur has been a driving force behind our success. We are delighted that he will continue contributing in a non-executive role, helping to steer the future direction of the business.

“Paul is a perfect cultural fit for SHS. His blend of industry expertise and focus on people aligns with our values, and I am confident that he will play a pivotal role as we embark on our next chapter of growth.”

Meanwhile, Quorn Foods chief executive officer, Marco Bertacca, to hand the reins to former Heineken UK MD after five years at the helm.