Article 6F3PE Morrisons CEO David Potts to step down as ex-Carrefour France boss takes over

Morrisons CEO David Potts to step down as ex-Carrefour France boss takes over

by
Joanna Partridge
from World news | The Guardian on (#6F3PE)

Chief's exit in November will come about a year after acquisition by US private equity firm CD&R

David Potts, the retailer who steered the supermarket chain Morrisons into private equity ownership, is stepping down after nine years as chief executive.

He will leave in November, and be succeeded by the former head of the grocery retailer Carrefour France, Rami Baitieh.

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