Co-op appoints Kingfisher's Euan Sutherland as group CEO
The Co-operative Group has appointed Kingfisher Groups Euan Sutherland as its new group chief executive. He will join The Co-operative Group in May next year, following the retirement of current group chief executive Peter Marks.
Sutherland is currently Kingfisher’s group chief operating officer. Prior to that he was chairman of B&Q and CEO of Kingfisher UK & Ireland. He is also a non-executive director of The Co-operative Group’s Food Board, and a non-executive director of SuperGroup.
Commenting on the appointment, Len Wardle, chairman of The Co-operative Group said: "I am delighted that Euan is to be The Co-operative Group’s next group chief executive. He brings with him considerable experience of the strategic leadership needed in complex customer-facing businesses, across a variety of retail sectors, and we very much look forward to welcoming him and working together."
Sutherland added: "The Co-operative is a great brand and I am very pleased to be given the opportunity to lead the organisation at this important time. The challenge is to build upon the success that has been achieved in recent years and the solid foundations that have been laid for its future growth."
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