Dosar de subiect

Altele

Former Co-op Boss Richard Pennycook Received £2M Before Departure

Primul articol: 5 apr. 2026, 11:00 | Ultima actualizare: 5 apr. 2026, 11:00 | 1 sursa | 1 articol
#coop#executivepay#ukbusiness

Mai multe surse. Mai putina manipulare.

Analiza editoriala

Bazat pe 1 sursa, 1 articol

Richard Pennycook, who stepped down as CEO of the Co-op Group, received a substantial payout of nearly £2 million prior to his departure. This figure encompasses salary, benefits, and other compensation. The timing of this payment, following a difficult year for the Co-op, has raised questions about executive compensation practices within the organization.

Articole despre acest subiect

Former Co-op boss was paid almost £2m before leaving after group’s difficult year Foto: The Guardian
The Guardian English Sarah Butler 5 apr. 2026, 11:00 (acum 2 zile)

Former Co-op boss was paid almost £2m before leaving after group’s difficult year

Shirine Khoury-Haq and other managers did not receive annual bonus after damaging cyber-attack in 2025The former boss of the Co-op collected almost £2m before her sudden departure last month despite a difficult year when the retailer was pushed into the red by a damaging cyber hack.Shirine Khoury-Haq’s total annual pay package amounted to £1.9m in 2025, including a £165,000 “rewarding growth” bonus that was approved by the mutual’s board despite falling sales and the slide to an underlying loss

Citeste pe The Guardian →