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

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The Co-op Group has announced that its chief executive will step down this weekend after a difficult year that included a cyber-attack and recent claims of a “toxic” culture at the business.

Shirine Khoury-Haq will depart on 29 March and Kate Allum, a board member and former boss of the dairy group First Milk, will step in as interim boss while a permanent replacement is sought.