Hancocks owner IB Group hires ex-Booker chairman in non-exec role

Richard Rose. Credit: Jason Alden

Hancocks Cash & Carry owner IB Group has appointed ex-Booker Group chairman Richard Rose as a non-executive chairman.

Rose joins the board of directors at IB – which also owns Bobby’s and Bonds of London – in what the group has called a strategic move in the continued expansion of the business.

In his role, Rose will work closely with the management team on driving improved service levels in order to help support the group’s customers in growing their businesses.

Wayne Beedle, IB Group CEO, said: “Richard’s appointment into the business is a key move in our ongoing business strategy to grow the IB Group and position it as the market leader. Richard brings with him an impressive resume of achievements. He has an exceptional track record of developing and supporting management teams to build and execute a customer-focused strategy for growth; so we are thrilled to welcome him on board.”

During his time at Booker, Rose oversaw a twentyfold increase in shareholder value. He has also worked as chairman of AO World, an online electrical goods retailer, which he chaired from a small privately-owned business to one of the largest online retailers in the UK.

See here for more on the group’s ambitious plans.

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Martyn Fisher
Martyn Fisher is the Editor of Better Wholesaling. Martyn can be found on Twitter on @BW_Martyn, or can be contacted via martyn.fisher@newtrade.co.uk and 020 3871 6490.

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