Your Money: Ken's Past His Sell-by Date ; Morrison Stepdown

Daily MirrorMay 27, 2005

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Summary


THE boss of Britain's fourth largest supermarket chain stood down yesterday to head off a shareholders' revolt.

Sir Ken Morrison, 73, will continue to chair Morrison's monthly board meetings but new chief executive Bob Stott will take over day- to-day operations.

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Your Money: Ken's Past His Sell-by Date ; Morrison Stepdown

Despite this, one in 10 shareholders opposed Sir Ken's re...

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