Richard_Pennycook

Richard Pennycook

Richard Pennycook

British businessperson

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

Quick Facts CBE, Born ...

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


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