Asda continues its search for a new CEO with Allan Leighton’s appointment as executive chair reigniting interest.
- Allan Leighton, instrumental in Asda’s past success, returns with a focus on appointing a suitable CEO.
- Several industry leaders are considered strong candidates for the CEO role, each bringing unique expertise.
- The position has been vacant since 2021, despite an attractive financial package offered to potential candidates.
- Leighton’s leadership may attract former Asda executives and top figures in UK retail to the role.
Asda’s quest for a new CEO is experiencing renewed momentum, following the appointment of Allan Leighton as executive chair. Leighton, who previously transformed Asda, prioritises the CEO appointment. The role has been vacant since Roger Burnley’s early departure in 2021, with a potential remuneration of £10 million awaiting the right candidate.
Industry insiders suggest that Tony Hoggett could be a compelling choice. Hoggett, currently COO at Wonder, has a rich history with Tesco and Amazon, focusing on innovation and transformation. His expertise in revamping grocery operations could prove beneficial for Asda.
Barry Williams, a former Asda executive, might also return under Leighton’s leadership. With a strong background in merchandising and convenience stores, accumulated through roles at Asda and Pepco, Williams brings practical experience that is highly relevant.
Clodagh Moriarty from Sainsbury’s is a potential candidate, known for enhancing customer experience and boosting online sales. Her digital acumen and success in customer innovation present valuable assets for Asda.
Tony Buffin’s experience in business turnarounds, notably with Holland & Barrett and Coles, positions him as another possible contender. His history of successful transformations aligns with Asda’s current needs.
Lastly, Chris Bush, with extensive experience at Tesco and other retail giants, is considered. His leadership at Tesco and subsequent roles demonstrate a deep understanding of the retail industry.
The selection of a new CEO will likely leverage Asda’s strengths and address existing challenges, under Leighton’s strategic guidance.
