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Asda appoints former Morrisons boss as chief executive as sales struggle
Source: World news | The Guardian · Published
David Potts to take over immediately as executive chair Allan Leighton steps back to non-executive strategic role Business live – latest updates Asda has appointed David Potts, the 69-year-old former boss of Morrisons, as its chief executive with immediate effect as it continues
David Potts to take over immediately as executive chair Allan Leighton steps back to non-executive strategic role Business live – latest updates Asda has appointed David Potts, the 69-year-old former boss of Morrisons, as its chief executive with immediate effect as it continues to struggle to lift sales. The UK’s third largest supermarket said its 73-year-old executive chair, Allan Leighton, who has been running the business since 2024 , would now step back to a non-executive role focusing on “the long-term strategic agenda for the business”. Continue reading...
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