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Morrisons eyes Lloyds chief

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Published Date: 01 June 2005
EMBATTLED supermarket chain Morrisons wants to hire Lloyds TSB's financial director as one of its four non-executive directors.
The group is hoping to secure Helen Weir in the next week, although it is not yet a done deal, according to the Financial Times.

She is the second high-profile name linked to Morrisons' non-executive search in recent weeks. Deputy chairman David Jones is also thought to have approached former Asda executive Archie Norman, who recently stepped down as a Conservative MP.

Investors have called on founder Sir Ken Morrison to accelerate the rate at which independent non-executive directors are appointed.



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  • Last Updated: 01 June 2005 9:59 AM
  • Source: Edinburgh Evening News
  • Location: Edinburgh
  • Related Topics: Safeway takeover
 
 
  

 
 


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