Asda co-owner Mohsin Issa steps back
Asda’s woes deepen after co-owner of UK’s third-largest supermarket steps back
Mohsin Issa will relinquish responsibility amid faltering performance, with former M&S boss Stuart Rose stepping in
Mohsin Issa to step away from Asda as search for CEO continues
Supermarket giant Asda has announced that Mohsin Issa will step away from his executive leadership role to focus on his position as sole chief executive of petrol forecourts business, EG Group. Lord Stuart Rose will assume Mohsin’s responsibilities alongside TDR Capital partner Rob Hattrell,
UK Tycoon Mohsin Issa Steps Aside From Running Supermarket Asda
Petrol station entrepreneur Mohsin Issa has stepped aside from his executive role at Asda, the struggling British supermarket that he bought alongside his brother and private equity firm TDR Capital three years ago.
Asda co-owner steps down to focus on EG Group
Asda has announced a significant leadership change as co-owner Mohsin Issa steps back from his executive role to focus on his previously announced position as sole CEO of EG Group. This decision marks a shift in the leadership structure of the UK's third-largest supermarket chain.
Asda co-owner Mohsin Issa says 'now is the right time' as he steps down
Asda co-owner Mohsin Issa has confirmed he will step down from running the supermarket and will hand over the reins to chairman Lord Stuart Rose and the management team. Asda said Mr Issa will this week leave his executive role to concentrate on his recently announced move to become sole chief executive of the petrol station forecourts business,
Asda co-owner steps down as hunt for CEO continues
Asda's co-owner is stepping back from a key role at the business, just months after his brother sold his stake in the supermarket chain.
Asda's Billionaire Issa Brother Era Is Drawing to a Close
Asda has been the worst-performing British supermarket over recent months. It’s time for a radical turnaround.
Huge change at Sainsbury’s and Asda petrol stations as customers hit with new rules for buying pay-at-the-pump fuel
A HUGE change at supermarket petrol stations means customers are to be hit with new rules for buying pay-at-the-pump fuel.
Asda announces major change at the top amid sales slump at supermarket giant
Asda said Mohsin Issa will this week leave his executive role to concentrate on his recently announced move to become sole ...
Drivers 'reassured' over new rules at Tesco, Sainsbury's, Asda petrol stations
Drivers, motorists and road users on the forecourt have faced a new pre-authorisation charge of £100 amid the ongoing Cost of ...
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The family 'feud' and a supermarket giant in crisis: How self-made petrol station billionaires the Issa brothers brought Asda back under British control - before losin…
The billionaire Issa brothers suffered the latest blow to their business empire yesterday after it emerged that the eldest, ...
Asda holds off Nectar Prices challenge in new price comparison
Asda held off a strong challenge from Sainsbury’s and its Nectar Prices as it got back to winning ways in this week’s Grocer ...
Big changes at the top of Asda as supermarket battles fall in sales
The billionaire co-owner of Asda is to quit his oversight role at the struggling grocer this week, with still no sign of a ...
UK's Asda says retail veteran Stuart Rose to lead business
British supermarket group Asda said on Wednesday its chairman, veteran retailer Stuart Rose, would assume the executive ...
Drivers warned over change at Tesco, Asda and Morrisons petrol stations
Drivers have been advised over a significant charge they may face at their local petrol station, but reassured it is only ...
Asda chairman who said performance was ‘embarrassing’ replaces Mohsin Issa as boss
Asda chairman Lord Rose has taken control of the struggling supermarket after Mohsin Issa formally stepped down as chief ...