Robert Forrester will be the new managing director from June 1.
The new role includes leading the group’s expansion in services and products.
Forrester has been on the Reg Vardy board since 2001 when he joined the company as finance director.
Gerard McAloon will take over as finance director, following Forrester’s appointment.
McAloon has held senior financial positions in the utilities, manufacturing and technology sectors. He was previously the chief financial officer of the telecoms services provider, Thus plc, and, prior to that, finance director of Southern Water.
McAloon will be responsible for finance, IT and human resources and will join the group on May 23.