Mike Hancox to replace Andrew Peeler at the helm of Yodel

Yodel has appointed Mike Hancox (pictured above) as its new chief executive.

Mr Hancox, who will start on 19 September, joins from global online marketplace Fruugo, where he is chairman.

He will replace Andrew Peeler, who announced he would be leaving Yodel in August.

Executive chairman John Hughes said: “We would like to thank Andrew for all his hard work. He has been an engaging and highly visible leader across all operations, playing an important role in developing the business.”

Alongside his work with Fruugo, Mr Hancox has spent the last two years in non-executive director roles at delivery software outfit Sorted and retailer service company Sigma.

Described by the delivery service operator as an “experienced CEO with a proven track record” he has also held leadership roles at Shopping Direct and Shop Direct.

Mr Hughes added: “We’re pleased to announce Mike’s appointment, a highly accomplished CEO with outstanding management skills and an excellent knowledge of retail and logistics.

“We look forward to him joining the business and becoming a driving force in Yodel’s future success.”