Asda has announced the appointment of John Fallon as its new chief financial officer.
Fallon has worked at the Big 4 grocer for over two decades, joining the finance team in 1996 and becoming deputy chief financial officer in 2018.
He replaces Rob McWilliam later this year in the summer, starting his transition period after working on the sale of Asda’s petrol stations to EG Group.
“It’s always great to make internal promotions to the exec.,” Asda chief executive Roger Burnley said.
“At this time of change, John’s experience and knowledge of our great business will be invaluable.”
“John and I have worked together for much of the last 25 years and I know there could not be a more qualified CFO to steer our way through the next, exciting part of our journey,” outgoing chief financial officer Rob McWilliam said.
The shuffling on the Big 4 grocer’s top table coincides with Carl Dawson joining from Marks and Spencer this month to replace Phil Tenney as chief information officer.