Co-op Group

The Co-op Group, a UK-based mutual business, is currently newsworthy due to the departure of its Chief Executive Officer, Shirine Khoury-Haq. Her exit follows a challenging year for the organization, characterized by a damaging cyberattack that contributed to financial losses and falling sales. Recent reports also allege a "toxic" culture within the business. Despite the company's struggles, Khoury-Haq's total annual pay package for 2025 amounted to £1.9 million, including a £165,000 bonus. Kate Allum, a board member and former boss of First Milk, will serve as interim CEO while the Co-op Group searches for a permanent replacement. The events highlight the challenges faced by the Co-op Group and raise questions about executive compensation during periods of organizational difficulty.