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Morrisons' finance chief to step down

Morrisons' finance chief to step down
Morrisons' finance chief to step down   -   Copyright  Thomson Reuters 2022
By Reuters

LONDON – British supermarket group Morrisons, acquired by U.S. private equity firm Clayton, Dubilier & Rice (CD&R) for $10 billion last year, said on Friday its finance chief Michael Gleeson was stepping down.

Gleeson has been at Morrisons, Britain’s No. 4 grocer, for eight years, two as chief financial officer.

The company said Gleeson was moving on to “new challenges”.