Co-op has called for members with “proven experience” at board-level roles to put themselves forward for a seat on its group board.
The invitation, which refers to two vacancies for member nominated director, will allow members to stand for election.
The mutual has highlighted desirable qualities such as “strong commercial acumen” and an “appreciation of the strategic challenges” that come with a large and complex business.
Other criteria for nominees include having earned 1,000 trading points with Co-op in 2023, as well as being a member for at least 3 years – although the company notes this prerequisite could be waived for certain eligible candidates.
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“Having our members on our board is part of our Co-op difference – it sets us apart from other investor-owned businesses,” said Co-op national members council vice president and chair of the joint MND selection and approvals-committee Sam Webster.
“Our Co-op is committed to ensuring we reflect our membership and the communities we serve and that includes our board.
“We encourage applicants from all walks of life and backgrounds who share our values and principles, and our dedication to realising equality and equity.
“Members will have the final say on who is appointed MND by voting from a shortlist of candidates next year.”
The new opportunity comes as the latest series of initiatives that the Co-op has introduced to ensure its nearly 5 million member-owners play a more integral role in the company’s development.
Earlier this year, the retailer encouraged members to vote on this year’s annual AGM.