Very Group has appointed former Walmart executive Lionel Desclée as new chief executive as Henry Birch resigns after four-and-a-half years.
Desclée joins from McKinsey & Company, where he is a senior advisor.
He previously spent three years as president and chief executive of Walmart’s Japanese business where he was responsible for a workforce of 35,000.
Prior to Walmart, he was president and chief executive at Tom & Co, which operates over 160 pet care stores in Belgium, Luxembourg and France.
“I am delighted to be appointed CEO of The Very Group,” Desclée said.
“The company has a rich history of transformation and an even more exciting future supporting families in the UK and Ireland with amazing brands, flexible payment options and a simple customer experience.”
“I can’t wait to start working with the team to further strengthen the convenience, flexibility and value Very provides, whilst exploring new products and services to support our customers.”
Very Group chair Dirk Van den Berghe added: “Lionel is a highly respected leader with a wealth of global experience across digital and both food and non-food omnichannel retail.”
“He has a proven track record of achieving growth through transformation and operational excellence, developing and coaching world-class teams, and helping companies become even more customer-centric.
“I am confident that Lionel’s collaborative and strategic approach will prove invaluable as the Very Group further develops its proposition, having successfully navigated the pandemic.”