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.theguardian - 30 days ago

Co-op pays executive bonus despite keeping £66m in Covid relief

Controversial move comes amid growing scrutiny over firms paying dividends or bonuses while keeping taxpayer supportThe Co-operative Group has taken the controversial step of paying bonuses to top management despite hanging on to £66m of emergency support from the taxpayer.Steve Murrells, the chief executive of the food to funeral homes group, earned £2.2m in 2020, a figure that included a £1.4m bonus. Jo Whitfield, who runs its convenience stores, took home £1.4m, about half of which was in bonuses. In all, six members of the management team received at least six-figure bonuses. Continue reading...


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