Boss of Britain's Asda to leave business after Issa's purchase

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The chief executive of Asda, Roger Burnley, will leave the British supermarket chain next year, it said on Thursday, a month after the billionaire Issa brothers and private equity group TDR Capital completed their purchase of the group.

FILE PHOTO: CEO of ASDA Roger Burnley, poses for a photograph at an event in London, Britain, July 3, 2019. REUTERS/Peter Nicholls

Burnley, 54, re-joined Asda in 2016 and has been CEO since 2018. The group said he would depart after it has transitioned fully to new ownership and once his long-term successor was in place.“My decision to leave Asda is personal and something I wanted to communicate to my colleagues as soon as I could,” said Burnley.

Asda said a process would commence shortly to appoint a new CEO who could commit to leading the business over the long-term.

 

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Either way Asda is now an absolute rip off!

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