17th Oct 2018 12:19
LONDON (Alliance News) - FTSE 100-listed Wm Morrison Supermarkets PLC said Wednesday that Chief Financial Officer Trevor Strain will become group chief finance & commercial officer with immediate effect.
Strain will add the commercial director responsibilities to its role taking over from Darren Blackhurst, who is moving to a projects role reporting to Chief Executive Officer David Potts, the UK grocer explained.
"Trevor has played, and continues to play, a critical part in the ongoing turnaround of Morrisons and his responsibilities are already significantly wider than those of the traditional chief financial officer, including our property and online operations," Potts said.
"Now is the right time for him to take on the important new responsibilities of commercial director, where he has already been increasingly involved," Potts added.
Morrisons shares were trading marginally lower at 248.30 pence each.
Related Shares:
MRW.L