Wilko is excited to announce that Alex Russo will be joining its senior management team as chief financial officer an executive board director. Russo joins the wilko family of businesses from Asda where he has been chief financial officer and an executive director board member for the last five years.
This significant appointment completes the wilko holding board which now comprises: family director Lisa Wilkinson, executive directors Sean Toal and Alex Russo and non-executive directors John Jackson, Robin Terrell and Dalton Philips. The move strengthens and supports the next chapter of the company’s strategic growth plan, which will see wilko face into and thrive within a challenging and continually changing retail landscape.
Russo will play a key role in further establishing wilko’s proposition to free up hard-working families to be the best they can be. His appointment also coincides with the company’s latest medium-term business plan which will be launched later this year.
Commenting on the appointment, Lisa Wilkinson said: “Alex’s breadth of business and finance experience complements and strengthens our existing leadership team nicely and means we can continue into the next chapter of our transformation programme with even greater confidence.”
Speaking about his new appointment, Russo said: “I’ve been a fan of wilko and admired its business model over the years and I’m personally excited to not only be joining a great team, but also help the business achieve its vision for 2030 and 100 years, which is to successfully meet the needs of wilko families at home.”
Russo has more than 20 years’ experience of financial leadership in retail including senior roles at Tesco, (CFO of its South Korean business between 2009-2011), Kingfisher and Boots, in the UK and abroad. Liz Collins will continue as interim CFO until Alex begins later this year.