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The Guardian - UK
The Guardian - UK
Business
Sarah Butler

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

Shirine Khoury-Haq speaks at the welcoming ceremony and test event for Co-op Live in Manchester in 2024
Shirine Khoury-Haq’s total annual pay package of £1.9m in 2025 included a £165,000 ‘rewarding growth’ bonus. Photograph: Christopher Thomond/The Guardian

The 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 of £125m.

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