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Asda: KFC executive Meghan Farren appointed to top role lancashiretelegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lancashiretelegraph.co.uk Daily Mail and Mail on Sunday newspapers.
More spare cash for Northern Ireland consumers but gap with rest of UK still stark business-live.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-live.co.uk Daily Mail and Mail on Sunday newspapers.
Follow The Leader: When A CEO Resigns, The CFO Is Likely To Exit Within Two Years Share to Facebook AFP via Getty Images When Boeing CFO Greg Smith announced his retirement last month, the 54-year-old caught investors off guard, with shares falling 4% in response to the news. After guiding the aerospace company through some of the greatest challenges it’s faced in its more than 100-year history, among them the 737 Max crisis and Covid-19 pandemic, he’ll resign in July, just 18 months after former CEO Dennis Muilenburg stepped down. Greg Smith Photo courtesy of Boeing But Smith’s exit shouldn’t have come as a surprise: When a chief executive departs, the head of finance often follows, and in close succession, says Phil Murphy, a consultant at Spencer Stuart, who leads the firm’s financial officer practice in North America. ....
30th April 2021 Asda is continuing its recent management shakeup, this time strengthening its commercial team with two external appointments. Sam Dickson recently joined the supermarket group as VP of Own Brand. She previously spent 11 years at Waitrose, where her most recent role was Director of Trading and Merchandising Operations. Dickson replaces Paul Gillow who has moved to a new, enlarged role as VP of Commercial Transformation & Strategy. Meanwhile, Asda has hired Sonal Dash as VP of Non-Edible and Healthcare. She joined from Sky, where she had been Group Corporate Development Director. Prior to that, she led Strategy and Planning at Tate & Lyle. She has replaced Lizzy Massey, who left Asda last November. ....
Last modified on Tue 20 Apr 2021 06.56 EDT The £6.8bn takeover of Asda by a private equity consortium fronted by the Blackburn-based petrol station billionaire brothers Mohsin and Zuber Issa could lead to higher fuel prices in some parts of the UK, the UK competition watchdog has warned. The Issa brothers and TDR Capital co-own the petrol station operator EG Group, which has 395 UK petrol stations while Asda owns 323. The Competition and Markets Authority (CMA) said many of the forecourts were located in the same parts of the country and it was concerned about these overlaps. Joel Bamford, the CMA’s senior director of mergers, said: “Our job is to protect consumers by making sure there continues to be strong competition between petrol stations, which leads to lower prices at the pump. These are two key players in the market, and it’s important that we thoroughly analyse the deal to make sure that people don’t end up paying over the odds. ....