Richard Pennycook

Richard John Pennycook (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 Clarity Retail Leader of the Year award.[4]

In February 2017, Co-op announced that Richard Pennycook was stepping 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]

References
  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.


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