Co-op CFO Richard Pennycook Steps In as CEO Euan Sutherland Resigns(Published: March 11, 2014 at 09:44PM): The Co-operative Group confirmed that chief executive Euan Sutherland has resigned from the company, after less than one year in the role, as the embattled lender tussles with financial survival and a drugs and sex scandal involving its former chairman Paul Flowers. In a statement, the Co-op revealed that chief financial officer Richard Pennycook will take over from Sutherland in the interim ..... More here..
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