Asda appoints former Morrisons boss David Potts as chief executive to lead its turnaround
Summary
Asda has appointed former Morrisons boss David Potts as its new chief executive, the Evening Standard and The Independent reported on Tuesday 3 November, David Potts having led Morrisons for eight years until 2023. David Potts, who also spent four decades with Tesco, will take over the reins with immediate effect as the embattled grocer looks to accelerate its turnaround efforts, prompting veteran boss Allan Leighton to step back into a non-executive chairman role, City A.M. reported.
Latest: Asda named former Morrisons boss David Potts, who led Morrisons for eight years until 2023, as its new chief executive, the Evening Standard and The Independent reported, City A.M. writing that David Potts will take over with immediate effect as the embattled grocer looks to accelerate its turnaround efforts, veteran boss Allan Leighton stepping back into a non-executive chairman role.
Written automatically by an AI from the articles' headlines and descriptions. It can contain errors: follow the links to read the articles.
How it unfolded
Tuesday 3 November
Asda named former Morrisons boss David Potts, who led Morrisons for eight years until 2023, as its new chief executive, the Evening Standard and The Independent reported, City A.M. writing that David Potts will take over with immediate effect as the embattled grocer looks to accelerate its turnaround efforts, veteran boss Allan Leighton stepping back into a non-executive chairman role.
- 04:25Evening Standard Asda bags former Morrisons boss David Potts as new chief executive
- 04:24The Independent Asda bags former Morrisons boss David Potts as new chief executive
- 04:00City A.M. Asda appoints former Morrisons boss to lead turnaround push