‘Mohsin Issa’s Asda departure paves the way for Lord Rose to bring much-needed stability’

Radojev, Hugh

With Asda sales tanking and its market share in free fall, Mohsin Issa stepping down from running the business finally paves the way for new leadership to bring a semblance of stability back to the business, writes news editor Hugh Radojev

After months of speculation, Asda co-owner and, until now de-facto chief executive, Mohsin Issa has relinquished the reins of the grocer and handed the day-to-day running to retail veteran Lord Stuart Rose and the senior management team.

 

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