Published on April 1st, 2021 | by The GC Team0
HAPPY RETIREMENT: Stuart Cook’s last day as CEO of the industry’s principal buying group
CIH’s Stuart Cook is stepping down from his role as CEO from today (1st April), five months earlier than suggested when his intention to retire was announced in August 2020.
Former Samsung divisional VP Guy Kinnell, who was temporarily appointed to the role of Deputy CEO in September 2020, now steps into Cook’s shoes to take over his responsibilities after the two worked closely together to ensure a smooth transition for the business.
The seasoned chief of 16 years will, however, still be available as a “valuable source of wisdom and advice” on key projects as a home-based, part-time Strategic Advisor to the Executive Directors.
Cook joined CIH on 19th May 1997 as a brown goods buyer. He was promoted in March 1999 to Head of Purchasing and was asked to take on the role of acting CEO in September 2004. The Board approved him as CEO in April 2005.
CIH Chairman Steve Scogings praised Cook for his achievements during his two-and-half decades with CIH and his huge contribution to its success.
He added: “CIH is in a great place, and much of that is because of the vision, hard work and commitment that Stuart has shown to the business.
“Having established CIH as the major buying group in the sector, Stuart has built a tremendous platform from which Guy Kinnell, our new CEO, can successfully build the brand, supplier business and member benefits into the future.
“Since Guy joined as Deputy CEO in September, he and Stuart have worked closely together to ensure an orderly and seamless transition, and now is the right time for the formal changeover to take place.
“On behalf of everyone at CIH, I wish Stuart a long and very happy retirement.”