Asda posted drop in sales in like-for-like sales recently
Asda boss Andy Clarke is set to quit the retailer amid a sales slump after six years in the role.
Clarke, who is the longest-serving of all the big four supermarket bosses, admitted in an interview with Retail Week that he’s stepping down but did not reveal the exact date.
He’s set to be replaced by Roger Burnley, Asda’s new chief operating officer who starts his role in October.
Burnley is a former Sainsbury’s director who Clarke poached last year to join Asda.
Clarke said: “I said I wanted to find somebody who had the ability to be my successor.
“It took us some time to find the right person, the right cultural fit, the right sort of character and leader that can run the business.”
Asda posted a 5.7 per cent drop in like-for-like sales for the 13 weeks to 30 March.