Published on August 3rd, 2020 | by The GC Team0
CIH’s Stuart Cook to retire
Buying group CIH has announced the pending retirement of CEO Stuart Cook after 25 years with the organisation and 13 years as director of Euronics International.
Cook will scale down his activities to three days a week from September this year, with a view to taking full retirement in September 2021 should the business be in a suitable position for him to do so.
The new CEO, who will be announced shortly, will work alongside Cook to achieve a seamless transition. Day-to-day operations for suppliers and members will remain unaffected during this period.
A statement from the buying group said: “Stuart can be credited for underpinning the success of both CIH and the Euronics brand in the UK. With a solid legacy in place, he felt that the time was approaching when he would like to spend more time with his family, travel the world and enjoy the fruits of his labour.”
CIH Chairman Steve Scogings said Cook’s contribution to CIH over two and half decades cannot be understated.
“During his tenure, he has orchestrated three SAP implementations that have transformed the business, established the Euronics Agency Agreement and founded Blomberg, nurturing it into the significant UK white goods brand that it is today.
“Stuart can take credit for two new warehouse operations and upscaling member deliveries from once, to twice and now three times a week. He created Euronics.co.uk well in advance of the internet shopping revolution, launched the online ordering system and opened our first trade show at the NEC in 2006. He negotiated the Family Fund and Family Fund Business Services contracts, relaunched the Conference and partnered CIH with Retracare to supply warranties on consumer electronics.”
Cook was also instrumental in successfully navigating CIH through the start of the Covid-19 pandemic and supporting members throughout lockdown. The buying group subsequently reported record summer trading this year.
“The list of Stuart’s achievements at CIH is extensive and he begins his winding down period with a legacy of many positive changes to his credit,” said Scogings.
“Having established CIH as the buying group powerhouse that it is today, Stuart has built a tremendous base from which the new CEO can further build the brand, supplier business and member benefits into the future.”