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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Morrison (wm) Supermarkets Plc | LSE:MRW | London | Ordinary Share | GB0006043169 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 286.40 | 286.60 | 286.70 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
By Ian Walker
LONDON--Wm. Morrison Supermarkets PLC (MRW.LN) said Wednesday it has appointed industry veteren David Potts Chief Executive Officer from March 16, replacing Dalton Philips left the role on Feb. 16 after five years at the helm.
Mr. Potts has 40 years in grocery retailing, starting in Tesco in 1973 on the shop floor, rising to become retail director in the U.K. and chief executive of its Irish businesses. Since leaving Tesco in 2011 he has acted as a retail expert to several international advisory and private equity businesses.
The number four retailer by market share said Mr. Potts will be paid a salary of 850,000 pounds ($1.3 million) a year, the same as his predecessor.
Trevor Strain has been chairing the management board and assumed Mr. Philips executive responsibilities since February.
-Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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