Hunt for Asda CEO continues as Issa brother co-owner steps down
Posted on AllSides September 18th, 2024
From The Center
The co-owner of one of the UK’s biggest supermarkets has confirmed he is stepping down from his role of running the supermarket. Mohsin Issa became a majority stake holder in Asda’s supermarkets in October 2020, along with his younger brother Zuber, both of whom are billionaires. He became CEO the following August after Roger Burnley stepped down – but Asda said he will this week leave his executive role to become sole chief executive of the petrol station forecourts business, EG Group, according to PA. READ MORE: Two Greater Manchester...