Asda co-owner Mohsin Issa to step back from running supermarket
WEB6 days ago · Asda’s billionaire co-owner Mohsin Issa will step down from running the UK’s third-largest supermarket chain, which has lost market share to rivals in recent months.
Asda co-owner Mohsin Issa steps back as hunt for CEO continues
WEB6 days ago · Mr Issa will this week leave his executive role to concentrate on his recently announced move to become sole chief executive of EG Group. Asda co-owner Mohsin Issa has confirmed he will step down ...
Asda co-owner Mohsin Issa to step away from supermarket giant
WEBSep 18, 2024 · Asda has confirmed that Mohsin Issa will step down from his executive leadership role to concentrate on his position as the sole chief executive of petrol forecourts business, EG Group. Lord Stuart Rose will take over Mohsin's responsibilities alongside TDR Capital partner Rob Hattrell, according to the Leeds-based supermarket chain.
Asda co-owner Mohsin Issa steps back as hunt for CEO continues
WEB6 days ago · Mr Issa will remain co-owner of the chain, alongside private equity backer TDR Capital, and a non-executive on the board. It comes as debt-laden Asda continues its hunt for a chief executive to ...
Mohsin Issa will step down from running Asda, it's confirmed
WEB6 days ago · 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 ...
Asda co-owner Mohsin Issa steps back as hunt for CEO continues
WEBSep 18, 2024 · Asda has revealed that co-owner Mohsin Issa is to step down from his executive role at the supermarket and will hand over the reins to chairman Lord Stuart Rose and the management team. Asda said ...
UK Tycoon Mohsin Issa Steps Aside From Running Supermarket …
WEB6 days ago · 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 ...
Asda billionaire boss Issa: 'I've not done bad' - BBC News
WEBMar 1, 2024 · Mohsin Issa, one half of the so-called "billionaire brothers" who own Asda, says he plans to hand over the running of the UK's third biggest supermarket. In his first broadcast interview, the...
TDR to acquire majority stake in Asda as Issa brothers split empire
WEBJun 7, 2024 · Zuber Issa, who owns Asda with his brother Mohsin, has agreed to sell his stake in the British supermarket chain to co-owners TDR Capital in a deal that will make the private equity firm the...
Blackburn Issa brother to step down from running Asda ... - Yahoo News …
WEB6 days ago · In June, Mohsin’s brother, Zuber Issa, sold his stake in Asda to the supermarket chain’s private equity backer TDR Capital. It was also announced that Zuber would step down as co-CEO of EG Group. Zuber and Mohsin Issa bought Asda from Walmart in 2020, in a £6.8 billion deal with the backing of TDR Capital. EG Group saw a surge in profits ...
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