17 May 2014

Board motion passed unanimously

Submitted by moderator

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