The next Co-op CEO must be a retailer – but it’s not Gottschlich

Ronny Gottschlich, Co-op

Next Co-op CEO needs to be a retailer – but not Ronny Gottschlich

The legacy of Shirine Khoury-Haq at The Co-op Group is complex. Announcing her departure (with immediate effect) today, the CEO looked back with pride on her achievements, citing in particular her vital role in sorting out the balance sheet, paying down debt levels from a perilous £1bn in 2022 to a more orderly £45m, and increasing profits by 35% in that hallowed period up to the end of 2024.

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