• Text size      
  • Send this article to a friend
  • Print this article

Approval for Co-op shake-up

CO-OPERATIVE GROUP members have approved a radical shake-up of the way it is run, which includes a revamped governance structure.

Around 83 per cent of votes cast at a special meeting in Manchester on Saturday were in favour of the proposals as the Co-op bids to get back on track. The plans include reform of the food-to-funerals group's board, with elected directors largely replaced by professional business people.

There will also be the creation of a smaller board of directors and a move to a one-member one-vote system. Ursula Lidbetter, chairman, described the vote as a "momentous moment" for the group.

Contextual targeting label: 
Arts and Entertainment

Commenting & Moderation

We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis.
If you're a relatively new user then your comments will be reviewed before publication and if we know you well and trust you then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.