Non-executive director Alex Russo will leave the business on 30 June to focus full-time on his executive role commitments. Russo is also executive director and chief financial officer at retailer Wilko. He will also step down from the role of chairman of the audit committee.
In addition, Boparan Holdings announced the appointment of former Co-op chief finance officer Ian Ellis to the non-executive board. He has joined the board with immediate effect and will take over the role of chair of the audit committee.
In service to the group
Chairman of Boparan Holdings Richard Pennycook said: “I would like to thank Alex for his service over the past year and wish him well in his future career.
“We also welcome Ian Ellis, who has a long career in retail and food businesses, and we are very pleased to have him join the BHL board. Ian has a very strong track record and I know he’ll add substantial insight and value to our business.”
Pennycook, a former chief executive of the Co-operative Group, took over from Lord Charles Allen as chairman of Boparan Holdings early this year when Lord Allen retired.
Ellis has a number of years’ experience in senior finance roles within the food and drink industry, with time spent at vertically integrated retailer Morrisons and Leeds-based manufacturer Northern Foods.
Joining a diversified business
Commenting on his appointment, Ellis said: “2 Sisters Food Group is a fantastic organisation in the food production sector and I really admire how Ranjit and his team have grown and diversified the business over the years.
“I welcome the opportunity to join the board as the business continues its successful transformation.”
Boparan Holdings president Ranjit Boparan said he was looking forward to working with Ellis in what he described as an exciting time for the business.
Meanwhile, Boparan Restaurant Group, the restaurant company owned by the founder of 2 Sisters Food Group Ranjit Boparan, is reported to be about to strike a deal to buy Italian restaurant chain Carluccio’s. The move would see 30 restaurants and Carluccio’s head office fall under Boparan’s wing.