Morrisons shop at Tesco for another exec
Morrisons shopped at Tesco again this month to continue the reshaping of its leadership team since David Potts took over in March.
Former Tesco executive Gary Mills joined Tesco as group retail director.
Potts said the appointment reflected further progress towards building a new board.
“We are making good progress in shaping a Morrisons team that will listen to and work hard for customers,” he said. “I am looking forward to working with a highly capable team that is a combination of home-grown talent and experienced professionals.”
City analyst Shore Capital dismissed the idea Potts was over reliant on recruiting from Tesco.