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Penny Hughes

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Penny Hughes
Born
Penelope Lesley Hughes

1959 (age 64–65) [1]
Education Birkenhead High School
Alma mater University of Sheffield (BA)
Occupation Businesswoman
Title Chair, IQ Student Accommodation
Children 2 sons

Penny Hughes CBE (born 1959) is a British businesswoman, and the chair of IQ Student Accommodation . She is the former chair of Aston Martin and The Gym Group .

Early life [ edit ]

Hughes was born in West Kirby , the youngest of three daughters in a middle-class family. [2]

Hughes was educated at Birkenhead High School . [3] [4] While at the school she represented the county at hockey and lacrosse . [3] She earned a bachelor's degree in chemistry from the University of Sheffield in 1980. [3] [5]

Career [ edit ]

She joined Procter & Gamble , as a technologist, then moved to the sales and marketing department. She was then recruited by the Milk Marketing Board , and later joined Coca-Cola as a brand manager. By 1989, having successfully overseen the merger of the bottling interests of Coca-Cola UK and Schweppes , she was appointed commercial director. In 1993, at the age of 33 she became president of the UK and Ireland businesses of Coca-Cola. [6] [7]

She has been a director of the Bodyshop , GAP , Trinity Mirror , Next , Skandinaviska Enskilda Banken , Vodafone and Reuters . She was a non-executive director of the Royal Bank of Scotland Group between 2010 and 2018 and a member of the boards remuneration committee. [8] She is a non-executive director of Morrisons , Cable & Wireless and Home Retail Group . [3] She is a trustee of the British Museum and president of the Advertising Association . [7]

In February 2018, Hughes was appointed as the chair of IQ Student Accommodation , the UK's largest provider of student housing. [9]

In September 2018, Hughes was appointed as the chair of Aston Martin . [10] In January 2020 it was announced that Canadian billionaire Lawrence Stroll would replace Hughes as chairman after purchasing a 25% stake in the company. [11] [12] [13]

In July 2022, Hughes stepped down as chair of The Gym Group . [14]

Honours [ edit ]

She was appointed Commander of the Order of the British Empire (CBE) in the 2011 Birthday Honours for services to the media industry. [15] [16]

Personal life [ edit ]

She has two sons. [17] [2]

Notes [ edit ]

  1. ^ West Kirby was part of Cheshire in 1959. It later became part of Merseyside upon the county’s establishment in 1974.

References [ edit ]

  1. ^ "Companies House Profile" . Retrieved 14 July 2020 .
  2. ^ a b "Milk and Coca Cola make Penny Woman of the Year" . Wirral Globe . Retrieved 10 September 2018 .
  3. ^ a b c d "Business big shot: Penny Hughes, incoming non-executive, Wm Morrison" . 16 December 2009 . Retrieved 10 September 2018 – via www.thetimes.co.uk.
  4. ^ "Notable alumnae" . gdst.net . 16 February 2016 . Retrieved 10 September 2018 .
  5. ^ Sheffield, University of (14 June 2011). "Sporting star and University graduate receives MBE - Latest - News - The University of Sheffield" . www.sheffield.ac.uk . Retrieved 10 September 2018 .
  6. ^ "Penny Hughes ? Business Speaker" . 16 July 2011. Archived from the original on 16 July 2011 . Retrieved 10 September 2018 .
  7. ^ a b Farey-Jones, Daniel (13 June 2011). "Advertising Association president awarded CBE" . Campaign Live . Retrieved 18 September 2020 .
  8. ^ RBS Press Announcement Archived 5 October 2009 at the Wayback Machine
  9. ^ Curry, Rhiannon (18 February 2018). "RBS director to chair UK's largest student digs company" . The Telegraph . Retrieved 10 September 2018 – via www.telegraph.co.uk.
  10. ^ Neate, Rupert (10 September 2018). "Aston Martin names first female chair as it prepares for £5bn float" . The Guardian . Retrieved 10 September 2018 .
  11. ^ "Billionaire Stroll Takes Stake in Aston Martin In $655 Million Rescue Deal" . Forbes . 31 January 2020 . Retrieved 31 January 2020 .
  12. ^ "F1 billionaire owner in Aston Martin rescue deal" . BBC News . 31 January 2020 . Retrieved 31 January 2020 .
  13. ^ "Aston Martin has been bailed out by Formula 1 billionaire" . CNN. 31 January 2020 . Retrieved 3 February 2020 .
  14. ^ Maatouk, Michele. "The Gym Group chair Penny Hughes steps down" . Sharecast News . Retrieved 1 August 2022 .
  15. ^ "No. 59808" . The London Gazette (Supplement). 11 June 2011. p. 7.
  16. ^ "Main list of the 2011 Queen's birthday honours recipients" (PDF) . BBC News UK . Retrieved 11 June 2011 .
  17. ^ "Penny Hughes" . growthcompany.co.uk . 1 October 2000 . Retrieved 10 September 2018 .