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Morrison Appoints Ex-Tesco Executive David Potts As CEO

February 25, 2015: 12:00 AM EST
UK retailer Wm. Morrison Supermarkets PLC named former Tesco executive David Potts as its new chief executive officer. Succeeding Dalton Philips who resigned earlier in February 2015 after five years as CEO, Potts is an industry veteran with 40 years in grocery retailing. His appointment means that at present all three of the retailer's top executives used to work for rival Tesco, with management board chairman Trevor Strain and chairman Andrew Higginson completing the trio.
Saabira Chaudhuri, "Morrisons Appoints Former Tesco Executive David Potts as New CEO", The Wall Street Journal, February 25, 2015, © Dow Jones & Company, Inc.
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