We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
RSS FeedPeople Management

Pennycook takes non-exec role at Thomas Cook

Outgoing WM Morrison FD adds to his directorship portfolio

Article comments

Outgoing WM Morrison finance director Richard Pennycook has accepted a non-executive director role with Thomas Cook.

Pennycook tendered his resignation at WM Morrison in June 2012 and will be stepping down in June this year. The Thomas Cook appointment would be the third directorship in his portfolio.

In October 2012, it was announced that Pennycook would take a non-executive role at The Hut Group. He is also a senior independent director and chairman of the audit committee of Persimmon.

Prior to his finance directorship at WM Morrison, Pennycook was the group finance director at the RAC. He has also held senior finance positions at HP Bulmer, Laura Ashley, JD Wetherspoon and Welcome Break Holdings.

Frank Meysman, chairman of Thomas Cook, said, "Richard has a wealth of financial and consumer sector experience. In addition, at Wm Morrison he was integral to its transformation following the Safeway acquisition and his specific responsibilities included multi-channel development, a key area of focus for us. I am extremely pleased that he has agreed to join the board."

In response, Pennycook said, "I am delighted to be joining the board of Thomas Cook, which has an esteemed heritage and a truly world class brand. It is an exciting time to be joining, as the company undergoes a business transformation and is developing its strategy for the future."



Pennycook takes non-exec role at Thomas Cook
People Management

Finance skills evolve as the recovery takes hold

Finance skills evolve as the recovery takes hold

Finance teams need to learn soft skills as corporate priorities evolvemore ..

ITV group FD to join DS Smith board

Ian Griffiths to take up non-executive director role at packaging companymore ..

Unemployment falls to five-year low

Headline rate of unemployment at 6.9% as wages rise above inflation ratemore ..

Microsaic Systems appoints new FD

Andrew Darby to succeed Malcolm Batemanmore ..

Do you have what it takes to become a non-executive?

The benefits of board service for CFOsmore ..

How level is the playing field for women in business?

Vince Cable moots women-only shortlists just ahead of international women’s daymore ..

Send to a friend

Email this article to a friend or colleague:

PLEASE NOTE: Your name is used only to let the recipient know who sent the story, and in case of transmission error. Both your name and the recipient's name and address will not be used for any other purpose.

In Depth
How M&A teams can create value by challenging the CEO

How M&A teams can create value by challenging the CEO

A typical “hold” period of nine to 18 months can generate increased sale value more ..

In Depth
What every company needs to do about big data?

What every company needs to do about big data?

In the first of a three part series, Pat Brans explores just how big 'big data' will get? more ..


* *