Russo held the Asda post for five years, but has also held senior roles at Tesco, Kingfisher and Boots, in the UK and abroad, gathering more than 20 years’ experience of financial leadership in retail.
He will now be responsible for further establishing Wilko’s proposition to “free up hard-working families to be the best they can be”, and his appointment comes ahead of Wilko launching a new medium-term business plan later this year.
Wilko’s holding board includes Lisa Wilkinson as family director, executive directors Sean Toal and Alex Russo, and John Jackson, Robin Terrell and Dalton Philips as non-executive directors.
Russo said: “I’ve been a fan of Wilko and admired its business model over the years and I’m personally excited to not only be joining a great team, but also help the business achieve its vision for 2030 and 100 years, which is to successfully meet the needs of Wilko families at home.”
Wilkinson said: “Alex’s breadth of business and finance experience complements and strengthens our existing leadership team nicely and means we can continue into the next chapter of our transformation programme with even greater confidence.”