Godwin and Durrell in sudden Barclays exit

30 November 2005
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30 November 2005 | Rebecca Ellinor

Barclays has parted company with Kim Godwin, its chief procurement officer. It comes less than five months after he took up the post.

John Durrell, who was responsible for IT spend as head of the global technology sourcing team, has also left.

Both men went in mid-November and shocked colleagues were told the same week.

A handful of top procurement professionals have been interviewed for the CPO post since the autumn. SM understands neither Godwin nor Durrell were aware of this.

A Barclays spokesman said: "Kim Godwin and John Durrell have left Barclays to pursue other opportunities, and we thank them both for their contribution to the bank."

He said the bank was "continuing to explore opportunities" for people to fill the roles.

In the interim, chief administrative officer Mike Foley is acting as head of sourcing.

There has been speculation about whether the two roles, which together influence around £3 billion of spend, would be combined. However, Barclays said the posts would remain "separate and distinct".

It is another adjustment for the purchasing department, which has already faced massive upheaval this year.

As reported in SM (News, 4 August), under changes championed by chief operating officer Paul Idzik, sourcing has been combined into a single global organisation. It was hoped this move would help the group save an additional £20 million in the next year. Godwin was charged with saving more than £100 million in that period.

His departure comes just weeks after he spoke to SM about purchasing "expanding in scope and influence".

It is also less than a month since his team scooped the best process improvement initiative at the CIPS Supply Management Awards for a second consecutive year.


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