The four point motion proposed by the Group board to the special general meeting 17 May was passed unanimously.
The motion read:
This Special General Meeting hereby agrees to:
- The creation of a Board of directors elected by members that is individually and collectively qualified to lead an organisation of the size and complexity of The Co-operative Group
- The establishment of a structure that gives the Co-operative Group’s members appropriate powers to hold the Board properly to account for the performance of the business and adherence to co-operative values and principles
- A move to the concept of ‘one member one vote’ with appropriate representation for independent Co-operative societies
- The inclusion of necessary provisions in the Rules of the Co-operative Group to protect against de-mutualisation
You can read the Group press release here