Tesco executive Jason Tarry has been recognised as a potential replacement for Morrisons chief executive David Potts, according to a report by This Is Money.
According to the report, Clayton Dubilier & Rice (CDR), the US private equity firm that owns Morrisons, has identified Tesco chief commercial officer Jason Tarry as a potential successor.
The Morrisons owner has been working with headhunter Egon Zehnder to fill a number of roles in the supermarket’s leadership team, including finding a replacement for chief operating officer Trevor Strain, who left last year.
This Is Money said a number of candidates have been singled out as potential chief executives, including some who have already been approached by the headhunter.
One source quoted in the report said an announcement on Potts’ replacement could be “imminent”, although the length of executive contracts means it could take up to a year for a new boss to be installed.
David Potts has not resigned and is not expected to leave until 2024 after almost a decade at the helm.
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