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

Richard Pennycook
CBE
Pennycook in 2014 at One Angel Square
Born
Richard John Pennycook

February 1964

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

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  1. ^ "Co-op Group boss Richard Pennycook asks for big pay cut". BBC News.
  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.