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Pep & Co managing director quits

Pep&Co’s managing director Adrian Mountford and trading director Cathy Haydon are leaving the value fashion retailer, it has emerged.

Mountford and Haydon will depart in May, after overseeing its latest tranche of shop-in-shop openings in Poundland, which will see the retailer expand to more than 150 locations in the UK, Ireland and France.

A document sent by Poundland parent company Pepkor’s chief operating officer Sean Cardinaal said: “It goes without saying we’ll miss them both, but I also know we’ll continue to grow as we become a fashion retailer and not skip a beat.”

He added that the company is “working hard on the right leadership for [its] next phase of growth”.

Readers' comments (6)

  • Something big is brewing here and no matter how much they try to tell us that Pep & Co and Poundland are ok after the Steinhoff accounting fiasco, I would watch this space. When two of the top Directors of Steinhoff Holdings are left "bamboozled" by the fiasco and were "misled" by Markus Jooste with the main European arm of Steinhoff the centre of focus one has to question why MD and Trading Director have both chosen to quit at this point of the expansion plan for Pep& Co. Drama of Steinhoff is only just beginning and it's all the people working at these organisations you feel sorry for and what message does it leave when the 2 top leaders bail out! Let's hope it will all be ok for the many employees.

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  • You simply don’t know what you’re talking about. I’d advise you to avoid commenting on things you don’t know anything about.

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  • How does Anon 2 know what Anon 1 knows? #justwondered

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  • What about if they’re the same people? What if it’s me? What about if are we all called Anonymous?
    #anonymous

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  • No i'm Anonymous #spartacus

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  • Then who am I? Am I you? Are you me? Is this real?

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