Penny Hughes CBE (born 1959) is a British businesswoman, and the chair of IQ Student Accommodation.
By 1989, having successfully overseen the merger of the bottling interests of Coca-Cola UK and Schweppes, she was appointed commercial director.
[6][7] She has been a director of the Bodyshop, GAP, Trinity Mirror, Next, Skandinaviska Enskilda Banken, Vodafone and Reuters.
[10] In January 2020 it was announced that Canadian billionaire Lawrence Stroll would replace Hughes as chairman after purchasing a 25% stake in the company.
[14] She was appointed Commander of the Order of the British Empire (CBE) in the 2011 Birthday Honours for services to the media industry.