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CVS Group (CVSG): CEO succession

This situation live

CVSG CVS Group

£863m · £13.17 · +16% since the first step
£14.16 £11.14 Now £13.17 · 23 Oct +14% −4% +1% +8% Mar ’26AprMayJunJulAugSepOct
30 Mar 2026 · Search to be initiated; Fairman stays until successor · +14% until the next step The Board will initiate an executive search process to identify a successor to lead CVS through its next phase of growth.
26 May 2026 · Search at early stages · −4% until the next step the Board is making progress, although at early stages, with identifying a successor.
New CEO / reset
CEO succession
Search ongoing, no appointment yet
Next: Appoint successor to Richard Fairman
Every step · 4
  1. 30 Mar 2026 Search to be initiated; Fairman stays until successor – The Board will initiate an executive search process to identify a successor to lead CVS through its next phase of growth. ↗
  2. 26 May 2026 Search at early stages – the Board is making progress, although at early stages, with identifying a successor. ↗
  3. 23 Jul 2026 Search ongoing, no appointment yet – Further to the announcement on 30 March 2026 of Richard Fairman's intention to retire, the Board is undertaking a thorough search to appoint a successor. ↗
  4. 24 Sep 2026 Search ongoing, no appointment yet – Richard Fairman also announced his intention to retire as Chief Executive Officer, but remains fully committed to leading CVS until a successor takes up the role. ↗

What is happening

CVS Group: CEO succession – Search ongoing, no appointment yet. ['Search ongoing, no appointment yet']

In short
CEO Richard Fairman announced his retirement on 30 March 2026 and stays until a successor is found. The search was early stage on 26 May 2026, and nothing more was said on 23 July 2026. The 24 Sep 2026 results add no appointment or timetable; he remains committed to leading CVS until a successor arrives.
Announced
30 Mar 2026 · Search to be initiated; Fairman stays until successor
Latest
24 Sep 2026 · Search ongoing, no appointment yet
Board view
Thorough search under way; update when appropriate
CEO
Richard Fairman remains committed to leading CVS until a successor takes up the role
Appointment
No successor or timetable announced

What comes next

Appoint successor to Richard Fairman.

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Also at CVS Group 1 open
Capital returnBuyback programme – proposed Legal & regulatoryUK CMA veterinary market process – Final remedies order published 22 Sep 2026 · closed CVS Group – company page →

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