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Co-op CEO resigns amid £126m losses & ‘toxic culture’ claims

Published: March 27, 2026 at 8:50 am

Author: Jonathan Symcox

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 massive cyber-attack last year cost it an estimated £285m in sales.

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