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Pets at Home boss must prove himself

Following the shock departure of Nick Wood, new Pets boss Ian Kellet has to prove himself worthy at the company's full-year results announcement next week
May 20, 2016

Shares in Pets at Home (PETS) have lost some of their momentum in recent months, so here's hoping a forthcoming set of annual results from the company will help buck things up.

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You can hardly blame the market for its trepidation. Former chief executive Nick Wood took plenty of people by surprise in March when he announced he would quit the business in order to spend more time with his London-based family. Ian Kellet, who had been busy as the head of the retail division, took over the reins in April and will steer the results announcement next week.