Martin Beaumont

Martin Beaumont (born 1949) is a British businessman who was, until October 2007,^[1] the chief executive of the Co-operative group, today a £9.4 billion turnover enterprise employing in excess of 85,000 people across a diverse portfolio of businesses.^[2] During his tenure, he continued extensive restructuring and modernisation of the group - which spans food stores, funerals, pharmacies and financial services. In particular, he reshaped the portfolio of businesses, implemented a strategy to rejuvenate the brand and reintroduced the Coop dividend.^[3][4]

From 1992 for ten years he was CEO of United Cooperatives where he grew turnover to £1.3 billion, overseeing the expansion of its trading base and a consistent growth in profits. He was also deputy chairman of The Co-operative Bank. A Cambridge University graduate, Martin Beaumont spent the first 16 years of his career with KPMG, becoming a partner with general practice and management consultancy responsibilities.^[5][6]

Amongst several non-executive and advisory roles, he is chairman of the UK Retail skills council Skillsmart since 2007.^[7]

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References

1. ^ http://www.ft.com/cms/s/0/c36140aa-6553-11db-90fd-0000779e2340.html
2. ^ http://www.co-operative.coop/aboutus/ourfamilyofbusinesses/
3. ^ http://news.bbc.co.uk/1/hi/business/6247926.stm
4. ^ http://www.finfacts.com/irelandbusinessnews/publish/article_10005764.shtml
5. ^ http://www.ft.com/cms/s/0/7764b8fc-9d2b-11db-8ec6-0000779e2340.html?nclick_check=1
6. ^ http://www.independent.co.uk/news/business/analysis-and-features/the-lowdown-the-coop-cant-survive-without-profit-it-doesnt-deserve-to-without-principle-538323.html
7. ^ http://www.onrec.com/newsstories/20126.asp

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Name	Beaumont, Martin
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Date of birth	1949
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