Euan Angus Sutherland (born 9 February 1969) is a Scottish businessman who was the chief executive of SuperGroup plc and Saga plc. He served as the chief executive of Saga from January 2020 to November 2023. He initially grew up in North Berwick and then in Glasgow, where he was educated at the High School of Glasgow. Sutherland studied accountancy at Edinburgh University, trained as an army officer, and then took a business studies course at Aston University.
Co-operative Group
Touted as a replacement for Kingfisher CEO Ian Cheshire, he joined the Co-operative Group in April 2013, taking over from Peter Marks as chief executive.
Due to inadequate capital levels in its banking group, Moody's downgraded the bank's credit rating by six notches to junk status (Ba3) and the bank's chief executive Barry Tootell resigned. The difficulties stemmed largely from the commercial loans of the Britannia Building Society, acquired in the 2009 merger.
Sutherland restructured, by intending to sell the life insurance business to Royal London releasing about £200m in capital, and planning to dispose of its other insurance business.
In March 2014, Sutherland resigned from The Co-operative because he said "I now feel that until the Group adopts professional and commercial governance it will be impossible to implement what my team and I believe are the necessary changes and reforms to renew the Group and give it a relevant and sustainable future". He was replaced by Richard Pennycook, then chief financial officer, who became the group's interim Chief Executive.
Supergroup
On 22 October 2014, it was announced that Sutherland was CEO of SuperGroup plc.
On 2 April 2019, Sutherland resigned as CEO of SuperGroup plc after founder Julian Dunkerton won a bid to be reinstated to the SuperGroup plc board.
Saga
In December 2019, Saga appointed Sutherland as chief executive.
In November 2023, Sutherland resigned from Saga with immediate effect.