Asda suspends search for new boss

Supermarkets

Asda has temporarily put a pause on the search for its new CEO, following Roger Burnley’s departure.

However, the decision to temporarily suspend the search comes as Mohsin Issa is understood to be heavily involved in day-to-day operations of the Big 4 grocer.

According to The Sunday Times, the grocer has been without a boss since August last year, with Burnley leaving ahead of schedule following a spat over strategy with the new Asda owners.

READ MORE: Asda chairman Stuart Rose welcomes end to restrictions as he says “forget about Covid”

It has been reported that Mohsin Issa, has been spending the bulk of his time at the grocer’s Leeds headquarters since Burnley’s departure.

The Issa brothers completed the £6.8 billion takeover of Asda last year, with the takeover of 633 stores in the UK alongside 145,000 employees.

At the time of reporting, it is understood that top contenders for the role include Tesco UK and Ireland boss Jason Tarry, M&S food boss Stuart Machin, Morrisons chief operating officer Trevor Strain and outgoing Pets at Home chief executive Peter Pritchard, who have all turned down the job

According to The Sunday Times, the role, which has been dubbed by insiders as “the job no one wants” as Burnley’s successor would be expected to play second fiddle the Issa brothers’ and recently-appointed chair and former M&S boss Lord Stuart Rose.

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