Brother of billionaire Home Bargains founder quits top team after more than 20 years
The brother of the billionaire founder of Home Bargains has quit the company after more than two decades.
Joe Morris has worked at the Liverpool-headquartered discount retailer since January 2000. He served as operations director for 20 years before becoming director of innovation at the start of 2021.
Since August 2021 he has also been the chief executive of ARMS International, a company which he co-founded.
A spokesperson for TJ Morris said: “Joe Morris continues to work with TJ Morris Ltd supporting the building of their £400m new distribution centre at St Helens.
“Joe has stepped down from executive and board roles in order to spend more time on his own company, ARMS Innovations Ltd, which he established following work within TJ Morris Ltd.”
According to the latest Sunday Times Rich List, Tom Morris has a fortune of over £5.1bn.
Home Bargains was founded in Liverpool in 1976 and now has around 600 stores and 34,000 employees.
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