// Central England Co-operative chief operating officer and chief financial officer announce plans to retire
// COO Tracey Orr & CFO Louise McFadzean have worked for the retailer over the past 36 years and 18 years respectively
// They will leave their roles in September 2021 and recruitment for their successors is currently underway
Central England Co-op is set to have a leadership shake-up after it revealed that its chief operating office and chief financial officer have both announced their retirement.
Chief operating officer Tracey Orr and chief financial officer Louise McFadzean have worked for the grocery and convenience store chain for 36 years and 18 years respectively.
They are slated to leave the business in September next year.
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Central England Co-op said that under their leadership, at half year this year the retailer saw 6.4 per cent sales growth to £486.4 million, with trading profit up from £11.4 million to £19.3 million.
The recruitment process for their successors is already underway.
“After starting in my role at Central England Co-op, one of my first jobs was focusing attention on building a talented team to ensure we continue to thrive as a successful independent Co operative society,” Central England Co-op chief executive Debbie Robinson said.
“This led to my appointing the very talented Tracey Orr to the role of COO, bringing her wealth of experience to our family of businesses, and Louise McFadzean was promoted to the role of CFO, providing a high degree of technical expertise and governance.”
She added: “Thanks to the inspiring leadership of Tracey and Louise, the Society is in a solid financial position, with exciting developments on the horizon, particularly around new channels to market in both our food and funeral businesses.”
Central England Co-op is independent from the larger Co-op Group, and trades from over 400 grocery, funeral, travel and floral outlets across 16 counties.