Former Starbucks and Clinton Cards boss Darcy Willson-Rymer is to replace Nick Ivel as chief executive of Costcutter.

Willson-Rymer, who takes up the new role on Monday, was MD of Starbucks UK & Ireland for three years before joining Clinton as CEO.

Ivel, who has worked at Costcutter for 14 years, said it was the “right time for a change of leadership”.

“I leave Costcutter in a strong position and with a team capable of leading the business to the next stage in its development,” he added.

“I have been involved in the recruitment of Darcy and I believe he is an excellent choice as CEO and the right person to lead Costcutter. I will be available to assist Darcy where necessary and to give consultancy support to the business and identify potential acquisition targets.”

Willson-Rymer said: “With the new-format Kwiksave brand performing ahead of target and the roll-out of the premium myCostcutter brand gathering pace, it truly is an exciting time to be joining the business.

“I am very much looking forward to meeting retailers across the UK in order to help them develop their exceptional convenience stores.”