Lord Stuart Rose’s appointment this week as chair of Asda came as no great surprise.
It was rumoured over the summer that he was a leading candidate for the role, not least because he already holds the position of chair at EG Group, the petrol forecourt empire of Asda co-owners Mohsin and Zuber Issa.
The news is perhaps most significant because it adds credibility to the Issa brothers’ commitment to put the right governance and management framework in place for the retailer.
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