Asda appoints former Morrisons boss as chief executive as sales struggle
David Potts to take over immediately, as executive chair Allan Leighton steps back to non-executive strategic roleBusiness live – latest updatesAsda has appointed the 69-year-old former boss of Morrisons, David Potts, as chief executive with immediate effect as it continues to struggle to lift sales.The UK’s third largest supermarket said that 73-year-old executive chair Allan Leighton, who has been running the business since 2024, would…
David Potts to take over immediately, as executive chair Allan Leighton steps back to non-executive strategic roleBusiness live – latest updatesAsda has appointed the 69-year-old former boss of Morrisons, David Potts, as chief executive with immediate effect as it continues to struggle to lift sales.The UK’s third largest supermarket said that 73-year-old executive chair Allan Leighton, who has been running the business since 2024, would…
Source: The Guardian World — Original report ↗
WorldLine News is displaying a source-attributed brief. Details may evolve. The linked publication is responsible for its original reporting.