Co-op boss Shirine Khoury-Haq to step down after difficult year for group

Company reported loss of £125m after cyber-security attack hit sales and claims of ‘toxic’ culture Business live – latest updatesThe Co-op Group has announced that its boss will step down this weekend after a difficult year that included a cyber-attack and recent claims of a “toxic”...

<p>Company reported loss of £125m after cyber-security attack hit sales and claims of ‘toxic’ culture </p><ul><li><p><a href="https://www.theguardian.com/business/live/2026/mar/26/uk-mortgage-rates-iran-war-borrowing-costs-oil-gas-economic-growth-business-live">Business live – latest updates</a></p></li></ul><p>The Co-op Group has announced that its boss will step down this weekend after a difficult year that included a cyber-attack and recent claims of a “toxic” culture at the business.</p><p>Shirine Khoury-Haq will step down as chief executive on 29 March, with Kate Allum, a board member and former boss of dairy group First Milk, stepping in as interim boss while a permanent replacement is found.</p> <a href="https://www.theguardian.com/business/2026/mar/26/co-op-ceo-shirine-khoury-haq-to-step-down">Continue reading...</a>
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