Darcy Willson-Rymer joins Costcutter as CEO
Willson-Rymer, who left the Clintons chain after it went into administration last May, replaces Nick Ivel who became chief executive of Costcutter in November 2011 when the supermarket was bought by the Bibby Line Group.
Ivel's departure follows a board restructure in May when Colin Graves, Costcutter founder and former executive chairman, left the company after 25 years to become executive chairman of Yorkshire Cricket Club.
Willson-Rymer ‘s previous roles include 19 years with Yum Brands where he was operations director for KFC Great Britain and managing director of Persil Services, an operator of dry cleaning and laundry concessions for supermarkets across the UK. More recently he spent three years as managing director of Starbucks UK and Ireland.
Ivel said: "After 14 years with Costcutter Supermarkets Group I feel that now is the right time for a change of leadership and a change of direction for me. I leave Costcutter Supermarkets Group in a strong position and with a team capable of leading the business to the next stage in its development.
"I have been involved in the recruitment of Darcy and I believe he is an excellent choice as chief executive and the right person to lead Costcutter Supermarkets Group. I will be available to assist Darcy where necessary and to give consultancy support to the business and identify potential acquisition targets."
Sir Michael Bibby, managing director of Bibby Line Group, added: "Darcy has an excellent track record within the retail sector and his appointment heralds a new era for Costcutter Supermarkets Group and all of its retailers. I have every confidence that he and the highly skilled board of directors will build upon previous success and drive the business forward."
Commenting on his appointment, Willson-Rymer said: "Costcutter is one of the biggest brands in convenience retailing, supporting independent retailers throughout the UK and giving them the tools they need to grow their businesses. With the new format kwiksave brand performing ahead of target and the roll out of the premium myCostcutter brand gathering pace, it truly is an exciting time to be joining the business.
"The continued development and expansion of our company owned store portfolio is also a key objective and I look forward to working with the team to progress this."
Email this article to a friend
You need to be logged in to use this feature.
Please log in here