Advertisement
UK markets closed

  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     

  • CRUDE OIL

    82.58
    -0.23 (-0.28%)
     

  • GOLD FUTURES

    2,342.80
    +4.40 (+0.19%)
     

  • DOW

    38,015.47
    -445.45 (-1.16%)
     

  • Bitcoin GBP

    51,480.60
    -251.78 (-0.49%)
     

  • CMC Crypto 200

    1,387.31
    +4.74 (+0.34%)
     

  • NASDAQ Composite

    15,549.63
    -163.12 (-1.04%)
     

  • UK FTSE All Share

    4,387.94
    +13.88 (+0.32%)
     
Stocks:

Trending tickers

Microsoft, Alphabet, Anglo American, IBM, Astrazeneca, Unilever and Sainsbury's

Britain's Morrisons promotes finance chief Strain to COO role

Reuters - UK Focus

LONDON, Dec 4 (Reuters) - British supermarket group Morrisons on Wednesday promoted finance chief Trevor Strain to the role of chief operating officer, putting him in pole position to eventually take over from chief executive David Potts.

Strain is currently group chief finance and commercial officer of the UK's No. 4 grocer. In his new role as COO, Strain will continue to report into Potts.

Strain will be succeeded as CFO by Michael Gleeson, currently Morrisons' trading director. (Reporting by James Davey; editing by Kate Holton)