Supermarkets
Asda turnaround could take 3-5 years, says incoming chair
Leighton, who will outline a revival plan by the end of January, also said he was looking for a ‘really good leader’ who understood shoppers and managing people
Former Asda CEO Allan Leighton has said that a turnaround of the business could be a three to five year process, as he is set to help lead turnaround efforts in his new role as chair of the group. Speaking to The Guardian shortly following his appointment, Leighton said that his priority was now to “restore Asda’s DNA” through finding a new CEO, as well as improving pricing and availability. He claimed three to five years will “take us that long to get it right”.
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