world · Pointe-Claire, QC (H9R)
Supermarket Giant Asda Appoints Former Competitor CEO
British retailer Asda has named former Morrisons executive David Potts as chief executive officer to head its ongoing turnaround strategy. The leadership transition sees outgoing chief Allan Leighton move to non-executive chairman as the Leeds-based grocer aims to boost sales and recover market share following IT system disruptions last year.