Countrywide Appoint New COO To Help Turnaround Strategy

The Board of Countrywide plc have announced the appointment of Bruce Marsh to the role of Chief Operating Officer.

Marsh will serve as an Executive Director on the Board and report to Paul Creffield, Group Managing Director. He has previous experience at Tesco in the role of Finance Director, UK, Booker and Republic of Ireland and Kingfisher plc.

Countrywide say that the appointment is an example of ‘succession planning’ which ‘demonstrates our commitment to bringing in new talent and effective leadership as we drive and deliver our turnaround strategy.’ Peter Long, Executive Chairman of Countrywide plc, said: “I am delighted to welcome Bruce Marsh to the Board of Countrywide plc. Bruce brings valuable management experience and a proven track record that will assist the Company’s turnaround strategy, and his appointment will complement and strengthen the executive team both now and for the future.”

The Countrywide Board have been struggling to turnaround the company for some time, so acknowledgement that they need outside help could be seen as a positive. The appointment of a retail – rather than a real estate – specialist is perhaps an interesting choice though.

Source Countrywide plc
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