Consumer goods giant SHS Group has confirmed a significant senior board change - jut days after revealing that sales in 2023 hit a record £665 million.
Arthur Richmond, who had taken over last year as group chief executive, is retiring after more than 28 years of service to the business, but will continue in his role into the new year, before transitioning to a non-executive position on the board, overseeing key project-based initiatives.
His tenure has been instrumental in the growth and success of SHS, which owns a host of popular consumer brands like Shloer, WKD, Merrydown Cider, Zip & Sunny Jim firelighters and Maguire & Paterson matches.
Previously holding the position of chief operating and financial officer, he oversaw finance, IS services, and a range of group divisions, and he also led the company’s merger and acquisition strategy and worked with Divisions in implementing their long-term plans.
Since becoming CEO, Arthur has focused on streamlining trading operations and establishing the executive leadership board, while driving the group’s commitment to people, sustainable growth, and responsible business practices.
He said: “It’s been a privilege to be part of the SHS Group through the various stages of growth and transformation. I’ve had the opportunity to work with incredibly talented people and I am extremely proud of what we have achieved together. While I am stepping back from full-time duties, I look forward to supporting the business in a new capacity as we enter the next phase of our development.”
Arthur will be replaced in January by Paul Gillow, who brings 19 years of industry experience, most recently as vice president and commercial director at Asda, where he was responsible for commercial and supply chain operations across five major business units.
Known for his expertise in commercial strategy, transformation and people development, Paul played a key role in shaping business strategy and delivering strong results.
Paul said: “I’m delighted to join SHS and work with such a dynamic group to drive future progress and foster a culture that prioritises people and innovation.”
Karen Salters, chair of SHS Group, said: “Arthur has been a driving force behind our success, and we are delighted he will continue contributing in a non-executive role, helping to steer the future direction of the business.
“Paul is a perfect cultural fit for SHS. His blend of industry expertise and focus on people aligns with our values, and I’m confident he will play a pivotal role as we embark on our next chapter of growth.”