McColl’s Retail Group appoints Robbie Bell to board as CFO

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McColl’s Retail Group, the convenience retailer, is pleased to announce that, following a rigorous search process, it has appointed Robbie Bell to the Board as chief financial officer. Robbie, who is moving on from his current position as chief executive officer of Welcome Break Limited, following its takeover by Applegreen, will take up his appointment on 17 January 2019.

Bell was appointed CFO of Welcome Break, one of the UK’s leading independent motorway service operators, in 2017 before taking on the role of CEO in early 2018. His time at Welcome Break has included managing the sale and ownership transition process, which has been achieved whilst delivering against financial targets.

Prior to that, and since 2009, he had been the CFO of Screwfix Direct, a subsidiary of Kingfisher. During his time there he oversaw significant business growth, driven by strong like-for-like sales and an extensive store opening programme.

With over 20 years of retail experience, Bell was the UK finance director of Travelodge from 2006-2008, and formerly held a number of senior finance positions at Tesco. These included roles within the commercial buying division and finance director of convenience retailer Adminstore, which was acquired and integrated into the Tesco convenience estate.

Bell is also a non-executive director and chair of the Audit Committee of Ultimate Products Global Sourcing Holdings. There is no further information to be disclosed pursuant to Listing Rule 9.6.13.

Pursuant to the announcement on 23 July 2018, McColl’s’ departing CFO Simon Fuller will leave the company on 22 February 2019 following a handover period.

Jonathan Miller, chief executive, said: “I am delighted to welcome someone of Robbie’s calibre and expertise to the Board. With such a wealth of senior experience in retail and finance, he will add significant strength to the team. I am confident Robbie will make a valuable contribution as we deliver our strategy to enhance our neighbourhood convenience offer.”

Bell said: “I am excited to be joining a growing sector with so many opportunities. McColl’s is well placed to benefit from that growth and I’m looking forward to working with Jonathan and the management team to drive future value.”