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Sainsbury's CEO Announces Departure – What The Analysts Said

Published on Jan 22 2020 11:39 AM in Retail tagged: Trending Posts / Sainsburys / Mike Coupe / Shore Capital / Bernstein / What The Analysts Said / Paywall / AJ Bell / Asktraders.com

Sainsbury's CEO Announces Departure – What The Analysts Said

Sainsbury's chief executive Mike Coupe has announced that he is to leave the UK retailer at the end of May, to be succeeded by retail and operations director Simon Roberts.

In a statement, Coupe said, “I feel very privileged to have spent almost six years running Sainsbury’s, in a period that has been the most challenging and competitive of my 35 year career in retail. Sainsbury’s is a very different business today to the one I took over in 2014."

Here's how leading retail analysts viewed his impending departure:

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