4. To re-elect Richard Pennycook as an Executive Director (Elected - 95.19%)
Motion To re-elect Richard Pennycook as an Executive Director.
Supporting information Started as an Executive Director on 13 January 2015.
Skills and experience Richard was appointed as CEO of the Group in 2014, after joining as Chief Financial Officer in 2013. Before joining the Co-op, Richard held Board roles at Morrisons, RAC and JD Wetherspoon. He’s also Chairman of The Hut Group Limited and Institute for Turnaround, and Chairman-elect of Howdens Joinery Ltd.
Why I want to be a director of the co-op In 1844 a movement started which changed the world. Co-operation became a better way of doing business, for members and their communities. After a difficult recent period, we have a chance now to show that the idea is as relevant in the 21st century as it was in the 19th. It is an honour to lead the team that is rebuilding the Co-op.
Your Board response: Your Board recommends that you vote for this motion.
Your Council response: Your Council recommends that you vote for this motion.