Federated Co-operatives Limited has chosen its new CEO. Effective May 9, 2022 Heather Ryan will take over as the company’s new Chief Executive Officer and is the first woman to serve as CEO in the company’s history. This past January, Scott Banda announced his retirement after 20 years at FCL, twelve of which he spent as Chief Executive Officer.
Ryan joined FCL in 2013 and became a member of the FCL Senior Leadership Team in November of 2015 when she was appointed to the position of Vice-President, Human Resources. In August of 2021, she took on a new role as Vice-President, Supply Chain, and will now become CEO.
Describing the appointment as a tremendous honour, Heather Ryan says, “FCL has been doing business and supporting local Co-ops across Western Canada for more than 90 years. The opportunity to lead an iconic company that plays such a vital role in communities across Western Canada is truly humbling.”
As CEO, Ryan will lead a team of approximately 3,200 FCL employees located throughout Western Canada. There are 160 independent local co-operative associations that comprise the Co-operative Retailing System and who own FCL.