Euan Sutherland

Euan Sutherland
Nationality	British
Occupation	Businessman
Title	CEO, SuperGroup plc
Term	2014
Predecessor	Julian Dunkerton
Children	3

Euan Sutherland is a Scottish businessman who is the Chief Executive of SuperGroup plc which owns the Superdry chain of clothing shops.

After training in marketing with Coca-Cola, he worked in marketing a retail management positions with Mars Confectionery, Matalan, Currys and Superdrug. He then joined Kingfisher plc, rising to the position of Chief Operating Officer.

Touted as a replacement for Kingfisher CEO Ian Cheshire, he joined the Co-operative Group in April 2013, taking over from Peter Marks as chief executive.

Due to inadequate capital levels in its banking group, Moody's downgraded the bank's credit rating by six notches to junk status (Ba3) and the bank's chief executive Barry Tootell resigned. The difficulties stemmed largely from the commercial loans of the Britannia Building Society, acquired in the 2009 merger.

Sutherland restructured, by intending to sell the life insurance business to Royal London releasing about £200m in capital, and planning to dispose of its other insurance business. On 5 June Richard Pennycook, former finance director of Morrisons, was named Co-operative Group's finance director, and Richard Pym, former chief executive of the Alliance & Leicester bank, as chair of the Co-operative Banking Group and the Co-operative Bank.

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