The grocery industry in 2024 experienced notable leadership changes, reshaping its landscape.Jason Tarry transitioned from Tesco to chairman at John Lewis Partnership.Matthew Barnes took over as…
Browsing: Allan Leighton
2024 witnessed significant changes in the retail world with notable hirings and departures.Allan Leighton returned to Asda as executive chair to spearhead its recovery.Jason Tarry took…
Asda has strategically borrowed £155m to manage pressing financial obligations, reducing immediate debts and enhancing stability.The loan serves as a top-up on an existing financial arrangement,…
Asda is confronted with refinancing its substantial debt as a significant repayment to Walmart is on the horizon.Fitch Ratings warns that the impending £900m obligation could…
Asda is actively seeking a new CEO following the return of Allan Leighton as executive chair, with several potential candidates being considered.Allan Leighton’s return is expected…
Allan Leighton returns to Asda, aiming for a three-to-five-year turnaround.Focus on restoring Asda’s core identity with improvements in pricing and availability.Plans to hire a new CEO…
Asda reinstates former CEO Allan Leighton as executive chair in a strategic move to address ongoing struggles and revive the brand.Leighton previously led Asda from near…
Allan Leighton has returned to Asda as executive chairman to lead a significant turnaround, projecting a 3-5 year timeline for revival.Leighton is focusing on restoring Asda’s…
Former CEO Allan Leighton returns to Asda as executive chair, succeeding Lord Rose.Leighton aims to leverage his vast experience to drive Asda’s growth and development.Lord Rose…
Asda appoints Allan Leighton to lead its turnaround strategy as executive chairman.Leighton replaces Lord Stuart Rose, who remains on the board temporarily.The change follows a decline…