Business · 7 hours ago
Asda Hires Ex-Morrisons Boss David Potts as Chief Executive
DS Pugh, CC BY-SA 2.0, via Geograph / Wikimedia Commons
Asda has appointed David Potts, who ran Morrisons from 2015 to 2023, as its chief executive with immediate effect. Allan Leighton, who has led the supermarket since 2024, steps back to become non-executive chairman. Potts, who started on the Tesco shop floor aged just 16, now takes charge as Asda battles falling sales, a shrinking market share and the fallout from a troubled IT overhaul.
Reported by The Guardian · How we write briefs