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A gang of 3 Directors, acting in bad faith, cost the CO-OP Jersey £3.5 million.

18/12/2025

It has been reported that former CEO Colin Macleod, who led the Channel Islands Co-operative Society for around 10 years before his dismissal in 2020, successfully sued his former employer in the Royal Court of Jersey. [thetimesjersey.com], [guernseypress.com]

The Royal Court has ordered The Co-op to pay Mr Macleod compensation in excess of £3.5 million after it found some directors had “acted in bad faith” and caused him psychological injury.
You can read the full judgment here:

 Key Legal Findings

  • Directors acted in bad faith:
    • The court determined that three non-executive directors abused their authority.
      • JENNIFER CARNEGIE,
      • CAROL CHAMPION, AND
      • PAULA WILLIAMS
    • As part of the Remuneration Committee (RemCo), they
      • Unlawfully orchestrated a campaign to remove Mr Macleod, breaching their fiduciary duties and acting “improperly, commercially unacceptable, unconscionable…and
      • Therefore, amounts to bad faith.” [guernseypress.com], [channel103.com]
  • Employer’s failure of duty:
    • The Co‑op was found to have neglected its responsibility to protect Macleod’s well-being, involving sustained bullying and a smear campaign. [thetimesjersey.com], [channel103.com]

Damages Awarded

  • Psychological injury:
  • Lost earnings:
    • Past earnings: initially £1,478,031 up to 2024, extended to cover up to end-2025.
    • Future earnings: compensation awarded through to January 2030 (when he turns 60) based on the same calculation.
    • Total compensation: An award exceeding £3.5 million in damages and lost earnings. [thetimesjersey.com], [guernseypress.com], [channel103.com]

Co‑op’s Response

  • The Co‑op has acknowledged the Royal Court’s ruling but stated its disagreement and announced it will appeal, citing “substantial grounds” after consultation with insurers and legal advisors. [thetimesjersey.com], [channel103.com]

Source

JERSEY FINES LEGAL

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