Co-op names Kingfisher man new CEO

The Co-operative Group has named Euan Sutherland, currently group chief operating officer of B&Q owner Kingfisher, as its new CEO.

The Co-op

Sutherland will replace CEO Peter Marks when he retires and will oversee the group’s diverse businesses including retail, pharmacy, travel, funeral care and banking.
He will join the group in May and take over from Marks when he retires in May. Marks announced he was to step down earlier this year.

The announcement has surprised analysts, many of whom were expecting Marks’ successor to come from a more financial banking background to lead the business through the challenges posed by the planned banking expansion.

Sutherland will be tasked with seeing through the five-year pan for integrating the 632 bank branches The Co-op is set to acquired from Lloyds TSB.

He has also been chairman of B&Q and CEO of Kingfisher UK & Ireland. He is also already a non-executive director of The Co-operative Group’s Food Board.

Len Wardle, chair of The Co-operative Group, says: “[Euan] brings with him considerable experience of the strategic leadership needed in complex customer-facing businesses, across a variety of retail sectors, and we very much look forward to welcoming him and working together.”

Latest from Marketing Week


Access Marketing Week’s wealth of insight, analysis and opinion that will help you do your job better.

Register and receive the best content from the only UK title 100% dedicated to serving marketers' needs.

We’ll ask you just a few questions about what you do and where you work. The more we know about our visitors, the better and more relevant content we can provide for them. And, yes, knowing our audience better helps us find commercial partners too. Don't worry, we won't share your information with other parties, unless you give us permission to do so.

Register now


Our award winning editorial team (PPA Digital Brand of the Year) ask the big questions about the biggest issues on everything from strategy through to execution to help you navigate the fast moving modern marketing landscape.


From the opportunities and challenges of emerging technology to the need for greater effectiveness, from the challenge of measurement to building a marketing team fit for the future, we are your guide.


Information, inspiration and advice from the marketing world and beyond that will help you develop as a marketer and as a leader.

Having problems?

Contact us on +44 (0)20 7292 3703 or email

If you are looking for our Jobs site, please click here