Consumer-owned UK retailer, the Co-op, has named Shirine Khoury-Haq as group CEO
The Co-op today (23 August) announced that Shirine Khoury-Haq has been appointed as group CEO.
Khoury-Haq was appointed interim CEO in May after Steve Murrells stood down, and she became the first female CEO in the group’s history.
On 23 August she was named permanent CEO by chair of the Co-op, Allan Leighton.
Leighton said: “I’m delighted that Shirine has accepted the invitation to lead and develop our Co-op into the future, tackling the challenges presented by the highly uncertain and volatile external environment.
“Shirine has proven leadership qualities and a deep level of transformational experience, and the board has been impressed by her desire to prioritise on activity that will deliver a strong financial Co-op for our members, whilst maintaining a focus on our vision and wider social commitments.”
Khoury-Haq added: “I am proud and honoured to lead this wonderful and unique organisation. The Co-op is the original business with purpose and I am looking forward to delivering even more on this promise, working to co-operate for a fairer world.
“There is a lot to do but we also have so much to build upon. Our Food and Life Services businesses are leaders in their markets, we have a differentiated vision and amazing Co-op colleagues, with links into communities and other co-operatives. Together, we will continue to succeed and deliver for the benefit of our members, our customers and their communities.”
Co-op is one of the world’s largest consumer co-operatives with interests across food, funerals, insurance and legal services. Owned by millions of UK consumers, the Co-op operates over 2,500 food stores, over 800 funeral homes and provides products to over 5,000 other stores, including those run by independent co-operative societies and through its wholesale business, Nisa Retail Limited.
Employing almost 60,000 people, the Co-op has an annual turnover of over £11 billion and is a recognised leader for its social goals and community-led programmes.