Mutual retailer triples boss’s pay to £2.2m despite fall in profits
OurCoop has faced backlash from its members after significantly increasing the pay of its executives despite a decline in profits. The CEO's compensation rose to £2.2 million, while the company withheld annual profit-share payments to members. Critics argue that the pay increases are unjustifiable given the company's financial struggles.
- ▪OurCoop's CEO Deborah Robinson's pay increased to £2.2 million, more than tripling from previous amounts.
- ▪The company reported a 4.4% drop in sales and a nearly 50% decrease in trading profit.
- ▪Members criticized the lack of profit-share payments while executive compensation soared.
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OurCoop has reported that it faced ‘the very real risk of losing senior executive talent’View image in fullscreenOurCoop has reported that it faced ‘the very real risk of losing senior executive talent’Retail industryMutual retailer triples boss’s pay to £2.2m despite fall in profitsOurCoop criticised by members after withholding annual profit-share payment despite soaring executive paySarah ButlerFri 29 May 2026 07.58 EDTLast modified on Fri 29 May 2026 07.59 EDTSharePrefer the Guardian on GoogleOurCoop, the independent mutual which runs about 500 food stores across England, is facing criticism from members after it more than tripled the boss’s pay to £2.2m despite falling sales and profits.The chain, which is a separate company from the Co-op Group but relies on the much bigger business…
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