🧐 ProPicks AI October update is out now! See which stocks made the listPick Stocks with AI

Sainsbury's names Simon Roberts as retail & operations director

Published 30/09/2016, 11:46
© Reuters. The Sainsbury's Logo is displayed on an employee uniform in a store in London, Britain
MKS
-
SBRY
-
WMT
-
WBA
-

LONDON (Reuters) - Sainsbury's (L:SBRY), Britain's No. 2 supermarket chain, on Friday named Simon Roberts as its new retail and operations director but may have to wait until July 2017 before he can start.

Roberts was most recently executive vice president of Walgreens Boots Alliance (O:WBA) and president of Boots in the UK & Ireland.

Prior to that he was managing director of Boots UK and is also a former executive of Marks & Spencer (L:MKS).

He is currently on gardening leave as per his Walgreens contract.

Sainsbury's has been without a permanent retail and operations director since Roger Burnley quit the firm in October 2015 to join Asda (N:WMT).

Before Roberts joins, Sainsbury's director of non food operations Jon Hartland will continue to fill the retail and operations director brief as well.

© Reuters. The Sainsbury's Logo is displayed on an employee uniform in a store in London, Britain

On Wednesday Sainsbury's reported another drop in quarterly underlying sales and cautioned that it did not expect a change to competitive market conditions any time soon.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.