Grafico Azioni Morrison (wm) Supermarkets (LSE:MRW)
2 Mesi : Da Nov 2019 a Gen 2020
RNS Number : 5689V
04 December 2019
Release date: 4 December 2019
Trevor Strain appointed Chief Operating Officer
Michael Gleeson appointed Chief Financial Officer
Morrisons is pleased to announce the appointments of Trevor Strain as Chief Operating Officer, and Michael Gleeson as Chief Financial Officer.
Trevor is currently Group Chief Finance and Commercial Officer, and has been an executive director of Morrisons and Chief Financial Officer since 2013. In his new role as Chief Operating Officer, Trevor will continue to report into Chief Executive, David Potts. His responsibilities will include commercial, manufacturing, supply chain, logistics, operations development, online and wholesale.
Michael, a qualified chartered accountant, joined Morrisons in 2014 and is currently Trading Director responsible for ambient grocery, frozen, dairy, fuel and services. He has been Trading Director since January 2017, prior to which he was Group Financial Controller and Supermarkets Finance Director. Before joining Morrisons, Michael was at Tesco for 15 years in various senior finance roles. Michael will be appointed as an executive director of Morrisons and Chief Financial Officer, reporting into David, effective on the first day of the 2020/21 financial year (3 February 2020), until which time he will be Group Finance Director reporting into Trevor.
David Potts, Chief Executive, said:
"These two appointments are a result of strong management development plans at Morrisons and I am delighted that we are promoting two highly capable colleagues from within the team. I look forward to continuing to work closely with both of them.
"Trevor is a proven and outstanding business leader who has played a pivotal role in the ongoing Morrisons turnaround. Michael has extensive financial, commercial and retail experience, together with a first-class track record, and his appointment will further strengthen the executive team. Together, and as part of the wider Morrisons team, we will continue to build a broader, stronger Morrisons."
Michael's annual salary will be GBP490,000. His full remuneration details will be disclosed in due course.
The company confirms there is no further information to be disclosed under the requirements of Listing Rule 9.6 in relation to this announcement.
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Wm Morrison Supermarkets plc
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Relations 0758 115 1837
Wm Morrison Supermarkets
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(END) Dow Jones Newswires
December 04, 2019 02:01 ET (07:01 GMT)