New Chief Executive Appointed At UK Retailer Asda
Walmart-owned UK retailer Asda has announced that Roger Burnley, its deputy chief executive, will take over as CEO of the business in January.
Burnley, who joined Asda from Sainsbury’s a year ago, will replace Sean Clarke, who will remain with the retailer in a different position.
“Roger was purposefully brought back to Asda to partner with Sean ahead of the transition to Roger taking up the position of CEO,” Dave Cheesewright, chief executive of Walmart International, said in a statement.
“He and Sean have worked as a great team, and I’m really confident in Roger’s ability to continue building upon our returning momentum,” continued Cheesewright.
In August, Asda posted its first quarterly sales increase in more than three years. Like-for-like sales were up by 1.8% in the second quarter of the year, following 11 consecutive quarters of sales declines.
© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Stephen Wynne-Jones. Click subscribe to sign up to ESM: The European Supermarket Magazine.