Members of the Co-operative Group have voted in favour of a shake-up over the way it is run. Detailed reforms including rule changes will still have to voted on at a later date and will require at least 66 percent support. The four point resolution has called for:
- The creation of a board of directors ''qualified to lead an organisation of the size and complexity of the Co-operative Group''.
- A move to the concept of ''one member one vote'', but with ''appropriate representation'' for the Co-op's independent societies.
- Establishment of a separate structure which will give the group's eight million members powers to hold the board to account for the performance of the business and ''adherence to co-operative values and principles''.
- Rules to protect against any ending of the group's mutual status.