The Co-operative Group announces Euan Sutherland as its new Group Chief Executive
19 December 2012
The Board of The Co-operative Group announces that Euan Sutherland will become its new Group Chief Executive in May next year, following the retirement of Peter Marks.
Euan Sutherland (43) is currently Group Chief Operating Officer, Kingfisher plc. Prior to that he was Chairman of B&Q and CEO of Kingfisher UK & Ireland. Mr Sutherland is also a non-executive director of The Co-operative Group’s Food Board, and a non-executive director of SuperGroup.
“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."
“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."
The Co-operative Group
- Martin Henderson: 07770 925959
- Russ Brady: 07880 784442
Susanna Voyle or Lucy Legh: 020 7353 4200