The Co-op has announced that its Chief Financial Officer, Ian Ellis, will retire at the next AGM in May 2019.
Ellis joined The Co-op in March 2015 and is one of two Executive Directors on the Co-op Board.
Co-op Chair, Allan Leighton, said, “Ian has played a key role in rebuilding the Co-op which goes way beyond just repairing our finances.
'His belief in the need for us to build strong Co-op businesses in order to create value to share with our members and their communities and the financial discipline he has re-established across the organisation has helped set us up for future success.
'Ian will be greatly missed by colleagues and members and we all wish him well for his retirement when the time comes.”
Ellis will continue in his current role until the AGM while a search for his replacement gets underway.
Prior to joining The Co-op Ian Ellis was Chief Financial Officer at Wilko. Before that he was Head of Finance at Wm Morrisons Supermarkets PLC and had held senior finance roles in Northern Foods PLC.