Kris Nayak

North West head of acquisitions joins Co-Op

The Co-operative Food has appointed Kris Nayak as head of business acquisitions and strategy.

Nayak joined Co-op Food from Astra Zeneca's strategy and innovation team. Reporting to Stuart Hookins, the head of portfolio strategy, Nayak will be primarily focused on driving business and portfolio acquisitions, as well as developing strategic alliances, partnerships and single site acquisitions.

Hookins said: "As the team looks at new and innovative approaches to store acquisitions, Kris will play a vital role in driving the Co-operative's programme going forward. His experience, knowledge and passion will be a huge asset to the business, and Kris is very much looking forward to establishing the strategic partnerships that will bolster the acquisitions programme."

The Co-op has announced plans to open 100 new stores in 2014, on both a leasehold and freehold basis, between 2,000 sq ft and 4,000 sq ft net sales area.

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