Co-op boss quits after 'toxic culture' claims reported by BBC
- Co-Op Group CEO Shirine Khoury-Haq announced on Thursday she will step down on March 29, with Kate Allum, a member-nominated director, appointed interim CEO while The Board searches for a successor.
- The departure follows a turbulent year for the 180-year-old Co-op, which incurred a £285m sales impact from a cyber-attack and "protective action," contributing to an underlying annual loss of £126m.
- Internal reports cited a "toxic" environment, with senior staff alleging "fear and alienation" among even senior leadership, though The Co-op stated they "do not believe that they represent the views of our broader leadership and colleagues."
- Co-Op chair Debbie White thanked Shirine Khoury-Haq for her significant contribution and leadership during challenging years, as The Board expressed gratitude for her commitment to the organization and communities.
- The Co-op is ready to deliver an ambitious strategy of stabilization and transformation, with Khoury-Haq stating now is the right moment to hand over to leadership committed to seeing it through.
21 Articles
21 Articles
Co-op CEO resigns amid £126m losses & ‘toxic culture’ claims
Shirine Khoury-Haq has resigned as CEO of the Co-op after the group posted £126 million annual losses. It follows a BBC report in February which aired warnings from senior managers of a “toxic culture” at executive level. The 180-year-old member-owned food and services group, which has a reputation for upholding ethical values, faced allegations that it created “fear and alienation” among several senior staff. On Thursday the group said a massiv…
Co-op chief CEO to step down after turbulent year of losses - Inside Food & Drink
The Co-operative Group has announced that chief executive Shirine Khoury-Haq will step down at the end of March, capping a turbulent year in which the mutual swung to a loss and grappled with mounting operational and economic pressures. Ms Khoury-Haq, who has led the group since 2022, will be replaced on an interim basis by
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