Former Tesco executive and Morrisons CEO David Potts was unexpectedly announced as the new Asda chief executive this morning. What will he bring to the retailer, and does he have the appetite to complete its laborious turnaround?
It’s been over five years since Asda had a chief executive. Roger Burnley left the business on August 6, 2021, just months after the supermarket giant was bought for £6.8bn by the Issa brothers and TDR Capital.
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