{"id":482639,"date":"2023-07-14T15:00:09","date_gmt":"2023-07-14T14:00:09","guid":{"rendered":"https:\/\/www.constructionnews.co.uk\/?p=482639"},"modified":"2023-07-14T11:57:17","modified_gmt":"2023-07-14T10:57:17","slug":"ex-interserve-boss-to-become-co-op-chair","status":"publish","type":"post","link":"https:\/\/www.constructionnews.co.uk\/peoplemoves\/ex-interserve-boss-to-become-co-op-chair-14-07-2023\/","title":{"rendered":"Ex-Interserve boss to become Co-op chair"},"content":{"rendered":"

Former Interserve chief executive Debbie White has been named as new chair of The Co-operative Group.<\/span><\/p>\n

The member-owned food retailer, insurer, funeral provider and legal services business announced that White will join as a non-executive director next month, before taking over the role of chair in February 2024.<\/span><\/p>\n

White led Interserve<\/span> from September 2017<\/span><\/a> until the<\/span> end of 2019<\/span><\/a>, taking over at the then fifth-largest UK contractor after it had been hit by huge losses, primarily from energy-from-waste contracts. She successfully negotiated a new financing package for the firm but failed to win shareholder support for a deleveraging plan in March 2019.<\/span><\/p>\n

As a result, the company was acquired by its lenders in a pre-pack administration. It has since seen several elements sold off, with its construction arm becoming a standalone business and renamed as Tilbury Douglas. It is still owned by Interserve\u2019s lenders.<\/span><\/p>\n

White, who led Sodexo prior to taking over at Interserve, has worked in non-executive board roles at major companies including Howdens Joinery, Spire Healthcare and US medical technology firm PAVmed since leaving the contractor.<\/span><\/p>\n

The Co-operative Group chief executive Shirine Khoury-Haq said: \u201cIt is testament to the strength and future potential of our Co-op that we can attract someone of Debbie\u2019s calibre and I\u2019m looking forward to working closely with her as we embark on another exciting chapter in our Co-op\u2019s 180-year history.<\/span><\/p>\n

\u201cShe has a proven track record, a commitment to our Co-op values and principles, and is a role model for championing diversity and inclusion. She is a perfect fit for our Co-op.\u201d<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Former Interserve chief executive Debbie White has been named as new chair of The Co-operative Group. The member-owned food retailer, insurer, funeral provider and legal services business announced that White will join as a non-executive director next month, before taking over the role of chair in February 2024. White led Interserve from September 2017 until …<\/p>\n","protected":false},"author":43915,"featured_media":382137,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"footnotes":""},"categories":[2167,534],"tags":[],"class_list":["post-482639","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-peoplemoves","category-tilbury-douglas"],"yoast_head":"\nEx-Interserve boss to become Co-op chair | Construction News<\/title>\n<meta name=\"description\" content=\"Former Interserve chief executive Debbie White has been named as new chair of the Co-operative Group.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.constructionnews.co.uk\/contractors\/tilbury-douglas\/ex-interserve-boss-to-become-co-op-chair-14-07-2023\/\" \/>\n<meta property=\"og:locale\" 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