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Poundland today announced it had made two key hires to its leadership team and provided development opportunities for a key member of its senior team.

Joining Poundland in January as trading director will be Tim Bettley. Tim has extensive experience of leading large commercial, supply chain and broader business functions in the value and retail sector, most recently at the Original Factory Shop.

His broader experience at Morrisons and as managing director at Peacocks will also be key as Poundland continues to transform itself into a GM, FMCG and clothing business following the completion of its 12 month roll out of PEP&CO fashion ‘shop-in-shops’ to around a third of its estate.

Tim will take responsibility for Poundland’s trading, stock control and marketing teams, reporting to UK & Ireland managing director Barry Williams.

Also in Barry’s top team, and already at his desk, is finance director Dave Williams who’s joined Poundland after CFO roles at JD Sports, JBB, TJ Hughes and Focus DIY.

Dave will also take responsibility for Poundland’s property team, led by Ben Wall with the departure of current business development director Andy Garbutt.

“These are two important hires to complete my top team,” said Barry Williams. “And it’s no coincidence that both have value retail and clothing experience. That’s because we’re building a new Poundland that’s extending our promise of amazing value every day into a broader range of products.

“I’m also pleased to provide Ben with an opportunity to step up – under Andy Garbutt’s leadership Ben has helped deliver a market-leading 60 per cent reduction in property costs. I know Ben will continue that drive to ensure landlords better understand the new normal on high street occupancy costs.

“I’d also like to thank Andy for his four years service to Poundland – we’re a business better placed to win on a changing high street, because of his efforts.”