Federated Co-op names new CEO

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Federated Co-operatives Limited (FCL) has announced Heather Ryan will be its next chief executive officer, effective May 9, 2022.

Ryan moves into the role following the retirement of Scott Banda, who held the position for 12 years.

“On behalf of the FCL board, it is my privilege to announce the appointment of Heather Ryan as CEO,” says Sharon Alford, president and chair of the FCL board. “As a Board, we feel we have found the right person to lead FCL and steward our Co-operative Retailing System into the future. Heather is a proven leader with a wealth of experience and impeccable credentials, and we have total confidence in her leadership.”

Heather Ryan (Supplied)

Ryan has been with FCL since 2013, and became a member of the FCL senior leadership team in November of 2015 as vice-president of human resources. Since August of 2021, Ryan served as vice-president of supply chain.

“It is a tremendous honour to be appointed CEO of FCL,” says Ryan. “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. Together, with my colleagues across the Co-op System, we will build on our historic legacy while actioning our vision for the future.”

As CEO, Heather will lead a team of approximately 3,200 FCL employees located throughout Western Canada. She will work closely with the 160 independent local co-operative associations that comprise the Co-operative Retailing System and who own FCL.

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