Jerry Marwood, managing director of Spar UK, has announced his decision to leave the company next summer, after nearly nine years in the role.
According to the company, Marwood is keen to seek new challenges. He was appointed as managing director in May 2002 and has helped to grow the organisation into a £2.7bn business. Marwood was made chair of the Association of Convenience Stores in 2007, is a board member of the British Retail Consortium and a patron of Skillsmart Retail.
In 2007 he was the first convenience retailer to be presented with The Grocer Cup for his contribution to the grocery industry.
Spar UK’s holding board has appointed a search company to look for a successor and said a further announcement will be made in due course.
Speaking on behalf of the Spar board, Peter Blakemore, managing director of Spar wholesaler AF Blakemore, said: “Jerry has a desire to move on to seek new challenges and we have been working with him to map out a process which would ensure a smooth transition.
“Thanks to Jerry and his team we have a strong business model and are trading successfully in a competitive market and at the moment the focus of the board and Jerry is on ensuring that we continue in this way.”
Marwood said: “I still have a number of exciting business initiatives to implement, a replacement to find and a hand over to complete all of which will take some time. Until then it’s business as usual.”