Finance
British retailer Pets At Home's CFO Mike Iddon to retire
Published by Global Banking & Finance Review®
Posted on September 29, 2025
1 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on September 29, 2025
1 min readLast updated: January 21, 2026
Pets At Home's CFO Mike Iddon will retire by 2026, succeeded by Sarah Pollard. This follows recent leadership changes and profit warnings amid UK economic challenges.
(Reuters) -British retailer Pets At Home said on Monday that Chief Financial Officer Mike Iddon plans to retire, coming just weeks after the abrupt departure of its CEO and following the company's second profit warning this year.
Iddon will remain in the CFO role until spring 2026 and be succeeded by Sarah Pollard, the current finance chief at consumer goods firm PZ Cussons, Pets At Home said.
The second leadership change within a month at Pets At Home comes as inflationary pressures and the cost-of-living crisis in the UK prompt consumers, including pet owners, to reduce spending on discretionary items like pet treats.
Pets At home, which sells pet products and accessories, cut its annual profit forecast in early September for the second time this year, attributing the downgrade to a sluggish retail market. CEO Lyssa McGowan stepped down early September, after having led the company since June 2022.
(Reporting by Raechel Thankam Job in Bengaluru; Editing by Mrigank Dhaniwala and Sherry Jacob-Phillips)
The current CFO of Pets At Home is Mike Iddon.
Mike Iddon plans to retire in spring 2026.
Sarah Pollard, the current finance chief at PZ Cussons, will succeed Mike Iddon.
The leadership changes come amid inflationary pressures and a cost-of-living crisis in the UK, affecting consumer spending.
Pets At Home cut its annual profit forecast for the second time this year due to a sluggish retail market.
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