Holland & Barrett International today announces that Peter Aldis has stepped down after 10 years as CEO. As part of an orderly succession, Steve Carson has been appointed as group managing director and will be the senior operating leader of Holland & Barrett, while John Walden will undertake expanded responsibilities as executive chairman.
Aldis has had a long and successful career at Holland & Barrett, spanning over 29 years. During his tenure as CEO, the company has become a leader in product innovation, launched Holland & Barrett’s clean beauty offering, expanded its international presence and achieved 39 consecutive quarters of like-for-like growth. Although his departure is with immediate effect, Aldis will remain an advisor to the management team to ensure a successful transition.
Aldis said: “I am immensely proud of Holland & Barrett and of what we have achieved these past 10 years, most importantly helping our customers live a happier and healthier life. I am also pleased to be leaving the business in a strong position for the future and in the very capable hands of John Walden and Steve Carson who will take it on to the next level.”
Holland & Barrett continues to perform well in the growing health and wellness retail market. Upon this strong foundation, the Company recently completed development of an ambitious long-term strategic plan to build digital and retail excellence, including new capabilities to meet its customers’ expanding health and wellness needs in an increasingly digitally dominated future.
Walden, chairman of the Holland & Barrett board of directors, will undertake an expanded role as executive chairman supported by Carson and the Holland & Barrett executive team, and will more directly drive the company’s ambitious strategic agenda. He has been chairman of Holland & Barrett since October 2018, and non-executive director since August 2017.
Carson has been Holland & Barrett’s managing director for UK and Ireland since April, 2018, where he has had principal leadership responsibility for Holland & Barrett’s largest business market. He is formerly director of retail and customer operations at Sainsbury’s Argos, where he was responsible for 840 stores and 30,000 staff for this £4.5bn general merchandise retailer. Carson was a key member of the Argos leadership team that is credited with successfully transforming Argos into a digital leader prior to its sale in 2016 to Sainsbury’s.
Carson commented: “I am absolutely delighted to have the opportunity to lead this great business as we further develop and deliver our strategic plan. I am convinced we have the opportunity to create something special in the global market for health and wellness and I am very much looking forward to exciting times ahead. It also gives me great pleasure to be working closely with John again, alongside our impressive executive leadership team I have been working closely with since I joined. Together, I am convinced we will all make a significant difference to the future growth of Holland & Barrett. “
Walden said: “On behalf of the board of directors, I would like to thank Peter Aldis for his strong leadership over 29 years with Holland & Barret and in particular his last 10 years as CEO. He has made significant impact in shaping Holland & Barrett and the wider health and wellness sector, and leaves the business in position to achieve even further success in the future.
“I am delighted with Steve Carson’s promotion to group managing director. Having worked with Steve in several prior roles, I have seen first-hand his exceptional leadership skills in driving operating performance and transformational change. Steve has worked closely with Peter over the past year and has made immediate positive impact at Holland & Barrett. I look forward to working closely with Steve and our strong executive team.”