Midcounties Co-operative appoints new chief financial officer
The Midcounties Co-operative has appointed Peter Kelly to the position of chief financial officer on a permanent basis.
He has succeeded Peter Dubois who left in May after 26 years with the society.
Having joined Midcounties in 2019, Kelly has been working in the role on an interim basis since December last year and prior to that was head of finance. According to Midcounties, he has been instrumental in reorganising its financial functions and building relations with funding partners.
In his new position, Kelly will support Midcounties’ group chief executive, Phil Ponsonby, in ensuring the right financial foundations are in place to support the society’s growth agenda. This will include investing more than £5 million in opening ten new food stores in the next years.
Prior to joining Midcounties, Kelly held senior positions at retailers such as Halfords, Monsoon and Dunelm.
Ponsonby said: “I am delighted that Peter is joining our Executive team at such an exciting time as we look to grow the organisation through investment and partnerships. I know that Peter shares the Board’s ambition to make a positive difference across the communities in which we trade and to play a key role in transforming the Society to meet the needs of a changing world and for future generations.”