Management reshuffle Potts’s most ‘significant’ bit of business
A whopping 68% of respondents to a survey on FoodManufacture.co.uk said the fact 70% of Morrisons’ management board had left since Potts started his role was the most important thing to have happened in his first month in charge.
To view the survey results and to have your input, scroll to the bottom of the article.
The new leader revealed at the end of March plans to cut 20 senior managers from Morrisons in a bid to create a leaner business.
Management shake-up
He unveiled his first management shake-up, when he announced five top executives would leave the company.
The departing board members were group customer marketing and digital director Nick Collard, group retail director Martyn Fletcher, group property and strategy director Gordon Mowat, group logistics director Neal Austin and convenience md Nigel Robertson.
Group trading director Casper Meijer was the most recent boss to check out of the retailer on April 13.
City analysts Clive Black and Darren Shirley of Shore Capital said Potts was imposing his authority on a company where trading performance had not been good enough for some time.
Survey
What do you think was Potts’s most significant piece of activity during his first month at Morrisons?
Non royal visit, Potts’s Easter shop floor visit
13%Mood music, giving Morrisons’ playlist a well-needed revamp
2%Out with the old, management reshuffle
59%Ditching intelligent queue systems
11%Sharing his wealth, Potts’s snapping up shares
6%Cost-cutting, the closure of 23 convenience stores and axing of 380 jobs
9%
