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UK supermarket Asda names Roger Burnley as CEO from January 2018

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UK supermarket Asda names Roger Burnley as CEO from January 2018

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LONDON (Reuters) – Asda, the British supermarket arm of U.S. retailer Wal-Mart <WMT.N>, said on Monday Roger Burnley would succeed Sean Clarke as president and chief executive on Jan. 1 next year. Burnley is currently Asda’s chief operating officer and deputy CEO. Clarke, who has been Asda CEO since July 2016, will work with Burnley “to ensure a smooth transition”, Asda said. Clarke said he was “taking some time out” but would stay connected to Wal-Mart.

(Reporting by James Davey; editing by Costas Pitas)
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