Asda has confirmed Mohsin Issa will step down from his leadership role to concentrate on his position as the sole chief executive of petrol forecourts business, EG Group.
Lord Stuart Rose will take over Mohsin's responsibilities alongside TDR Capital partner Rob Hattrell, according to the Leeds-based supermarket chain.
Mohsin Issa will continue to be a co-owner of Asda and a non-executive member of the board. The supermarket is still in search of a chief executive "to lead the business in the next phase of its strategy" and will provide an update on the three-year search "in due course", as reported by City AM.
In August, Lord Rose had urged Issa to step down, stating: "We need a full-time fully experienced retail executive to come in...
Read more on manchestereveningnews.co.uk
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.