Richard Pennycook

Last updated

Richard Pennycook
CBE
Richard Pennycook Co-op AGM 2016 (27343197251).jpg
Pennycook in 2014 at One Angel Square
Born
Richard John Pennycook

February 1964

Richard John Pennycook CBE (born February 1964) was chief executive officer of the Co-operative Group. [1]

Pennycook took the position as CEO in 2014 after being named Chief Financial Officer in 2013. [2]

In 2013, he became Chairman of The Hut Group, an online retailer in North-West England with multiple brands. [3]

In 2016, he received The Retail Leader of the Year award at the prestigious Retail Week Awards. [4]

In February 2017, Pennycook stepped down as CEO of The Co-operative Group after three years at the helm, with Steve Murrells (previously CEO of Co-op Food division) taking charge. [5]

Pennycook was appointed Commander of the Order of the British Empire (CBE) in the 2020 Birthday Honours for services to retail. [6]

References

  1. ↑ "Co-op Group boss Richard Pennycook asks for big pay cut". BBC News. 7 April 2016.
  2. ↑ "Co-op boss Richard Pennycook:"It has been particularly challenging, but that’s the playing field"" The Telegraph. Retrieved 8 January 2016.
  3. ↑ "The Hut Group announces Richard Pennycook as Chairman". The Hut Group. 8 March 2013. Retrieved 1 February 2017.
  4. ↑ "Richard Pennycook – the man who saved the Co-op from the brink" Retail Week. Retrieved 8 January 2016.
  5. ↑ Wood, Zoe (7 February 2017). "Co-op CEO Richard Pennycook to step down" . Retrieved 7 February 2017.
  6. ↑ "No. 63135". The London Gazette (Supplement). 10 October 2020. p. B10.


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