Automotive-and-bicycle store chain Halfords has named Ian McLeod as its new chief executive.
Mr McLeod, currently chief operating officer of the Worcestershire-based group, succeeds David Hamid, who is retiring as chief executive because of ill health.
However, Mr Hamid will be staying on as an adviser to the Halfords' board until the end of June.
Mr McLeod joined Halfords in September, 2003. Before that he was chief executive of football club Celtic for two years. He also gained 20 years of retail experience at Asda, where he was a director.
Rob Templeman, chairman of Halfords Group, said: "We are sorry that David is retiring because of his poor health and the board would like to place on record its appreciation of his valuable contribution to the business. We are very fortunate to be able to appoint Ian immediately.
"He has great credentials for the job and has played an important role in running the business alongside David and the senior management team."
Redditch-based Halfords, which was founded as a local hardware store in Birmingham in 1892, was floated on the Stock Exchange last year. It currently has nearly 400 stores and employs around 9,000 people.
Halfords shares closed at 3091/4p down 43/4p.