Asda appoints former Morrisons boss as chief executive as sales struggle
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David Potts to take over immediately as executive chair Allan Leighton steps back to non-executive strategic role
Asda is struggling as it faces heavy competition and high levels of debt. Photograph: Maureen McLean/Rex/ShutterstockAsda is struggling as it faces heavy competition and high levels of debt. Photograph: Maureen McLean/Rex/ShutterstockAsda appoints former Morrisons boss as chief executive as sales struggle
David Potts to take over immediately as executive chair Allan Leighton steps back to non-executive strategic role
Asda has appointed David Potts, the 69-year-old former boss of Morrisons, as its chief executive with immediate effect as it continues to struggle to lift sales.
