TIDM42TF

RNS Number : 1708S

Co-operative Group Limited

07 March 2023

Co-operative Group Limited

7 March 2023

Co-op Group appoints Rachel Izzard as Chief Financial Officer

The Co-op has today, 7(th) March, announced the appointment of Rachel Izzard as Chief Financial Officer and a member of the Co-op Group Board.

Having held a number of senior leadership and CFO positions, including IFA Cargo, Aer Lingus, and most recently CFO at Manchester based retailer N Brown, Rachel will take up the position, from current Interim CFO Mike Hazell, when his term ends in June.

Commenting on the appointment Shirine Khoury-Haq, Co-op Group CEO said:

"We're delighted that Rachel is joining us at such an exciting time for our Co-op. We are all looking forward to welcoming her in June and her wealth of experience will enable us to continue to deliver our vision as a commercially successful co-operative.

We're grateful to Mike for the significant contribution he has made in strengthening the underlying financial position of our Co-op during his time here. He leaves with our very best wishes for the future and he will be greatly missed by his friends and colleagues at Co-op."

Ends

Further information:

Russ Brady - Co-op

Tel: 07880 784442

Notes:

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 GBP11billion and is a recognised leader for its social goals and community-led programmes. The Co-op exists to meet members' needs and stand up for the things they believe in.

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March 07, 2023 09:00 ET (14:00 GMT)

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