The Midcounties Co-operative has announced the appointment of Peter Kelly as its new Chief Financial Officer.
He has been with the society since 2019, most recently serving as Head of Finance and, since December 2021, acting as Interim Chief Financial Officer. In his new role, Kelly will support Midcounties’ group Chief Executive, Phil Ponsonby, with the group’s growth plans.
Midcounties has already announced plans to invest more than £5m in opening ten new food stores in the next year, as well as three new nurseries with a total investment of almost £2m. The society is also investing in transforming its travel business and further developing its digital propositions in healthcare and utility services.
Prior to joining Midcounties, Kelly held senior positions at a number of retailers, including Halfords, Monsoon and Dunelm.
Kelly replaces Peter Dubois, who left in May after 26 years with the society.
Ponsonby commented: “I am delighted that Peter is joining our Executive team at such an exciting time as we look to grow the organisation through investment and partnerships. I know that Peter shares the Board’s ambition to make a positive difference across the communities in which we trade and to play a key role in transforming the Society to meet the needs of a changing world and for future generations.”
Kelly added: “I am excited to be joining the Executive team at this stage and relish being part of our ambitious growth plans.”
