EG Group appoints Lord Rose as new chair

Sir Stuart Rose

EG Group, whose owners are buying grocery giant Asda, has appointed retail veteran Stuart Rose as its new chair to address issues with its corporate governance.

Lord Rose, who is currently the chair of pureplay grocer Ocado, will take up his new role as non-executive board chair with immediate effect. He is due to step down after eight years with Ocado in May and was previously executive chair of Marks & Spencer. 

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