alanjjohnstone wrote:Former

Former Co-op Bank chief executive Neville Richardson’s left the bank in 2011 with a package worth £4.6 million, including a £1.4 million payment for ‘loss of office’, and the same amount as ‘compensation’ for leaving.

The new chief executive of the Co-op Group, Euan Sutherland, today also saw off his deputy Martyn Wates who had been at the group 16 years. He was paid £970,000 last year including a £164,000 bonus and is likely to receive a year's pay off.