Combined Independents Holdings Ltd – CIH – which is part of electrical buying organisation Euronics, has announced that Guy Kinnell has resigned from his position as CEO and "has decided to pursue a different path". Kinnell, pictured right, joined the organisation as deputy CEO in the autumn of last year, when he worked closely with the then retiring CEO Stuart Cook to ensure a smooth transition for when he took over the CEO role. Prior to his role at CIH he had worked Samsung Electronics where he was Vice President of the TVAV division for the UK and Ireland.
CIH chairman Steve Scogings, pictured left, said: "It is with regret that I must announce Mr Guy Kinnell, our CEO, has decided to pursue a different path and has resigned. After joining CIH in September 2020 Guy has brought a wealth of experience to the company and has helped structure our future digital experience and marketing which will help the company for many years to come. He has helped us to manage the many industry challenges both the company and the membership have experienced over his tenure and for this I am extremely grateful. His progressive leadership, knowledge and experience is an asset to any company, and I am only sorry that Guy is not continuing his journey with us. I would like to wish him well for the future and I hope he will look fondly upon his time at CIH."
He added: "CIH will now begin the difficult search for a new CEO. The board, and I will seek to find a suitable replacement as soon as we can. In the meantime, I will continue to manage the business with the help of the board."