“It has been an extremely difficult decision for me to make but six years ago I had a heart problem and some of the more painful side effects have returned over this past year," said Groves.
After nine years with Posh Paws, Barry Groves will step down from his role as managing director at the end of this year.
Groves joined Whitehouse Leisure Group in 2007 and quickly set up the company’s retail division Posh Paws. The company is now known as a leading licensed plush supplier and works with top licensed brands including Disney, Universal, DreamWorks, ITV and more.
“It has been an extremely difficult decision for me to make but six years ago I had a heart problem and some of the more painful side effects have returned over this past year," said Groves.
"I’ve therefore reluctantly decided that it is time for me to step down from my position at the company. I would like to thank all of the colleagues and clients that I have worked with over my time at Posh Paws. I have met some great people and made some good friends during my 40 years in the toy industry.
"Building the company up to be what it is today has been extremely rewarding and I will enjoy watching the team at Posh Paws continue to build on the success of the company as it enters the next stage of its development.”
Phil Setter, owner of Whitehouse Leisure Group, added: “Posh Paws started from nothing and has over these past years established itself as a leading supplier of licensed plush toys and backpacks and we have Barry to thank for that. It has been a pleasure working with him over these past years and we will all of course be sorry to see him leave.
"We are actively seeking a successor and Barry will be working with us over the coming weeks to ensure a smooth transition and handover of his responsibilities. Everybody at Posh Paws and Whitehouse Leisure wishes Barry all the very best for the future.”