PG Group has announced that John Zarb has retired from his role as Chairman of the group after an eight-year tenure, during which time the company’s two flagship supermarkets have grown to draw in just under 10,000 customers a day.
He will be replaced by William Spiteri Bailey, an experienced certified public accountant and auditor who has recently retired from a partnership role at audit and advisory firm RSM.
In the company announcement, PG Group noted that Mr Spiteri Bailey has served as a Director of the company and as the Chair of its Audit Committee since its initial public offering (IPO) in 2017.
Prior to that, he had also served for a number of years on the board of the Pavi Supermarkets Group, providing him with an in-depth knowledge of the business.
Mr Spiteri Bailey will also Chair PG Group’s Remuneration and Nominations Committee.
Taking over the chairmanship of the Audit Committee is Lawrence Zammit, Founding Partner and Director of MISCO.
Mr Zammit has also served as a Director of the company and as a member of its Audit Committee since its IPO, and prior to that had also served for a number of years on the board of the Pavi Supermarkets Group.
He also has extensive board experience, serving and having served on the board of directors of a number of companies and corporations.
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