Asda co-owner Mohsin Issa to step back from running supermarket
WEB4 days ago · Asda’s billionaire co-owner Mohsin Issa will step down from running the UK’s third-largest supermarket chain, which has lost market share to rivals in recent months. Lord Stuart Rose, Asda’s ...
Asda co-owner Mohsin Issa to step away from supermarket giant
WEB5 days ago · Asda has confirmed that Mohsin Issa will step down from his executive leadership role to concentrate on his position as the sole chief executive of petrol forecourts business, EG Group. Lord Stuart Rose will take over Mohsin's responsibilities alongside TDR Capital partner Rob Hattrell, according to the Leeds-based supermarket chain.
Asda co-owner Mohsin Issa steps back as hunt for CEO continues
WEB4 days ago · Mr Issa will this week leave his executive role to concentrate on his recently announced move to become sole chief executive of EG Group. Asda co-owner Mohsin Issa has confirmed he will step down ...
Asda co-owner Mohsin Issa steps back as hunt for CEO continues
WEB4 days ago · Brothers Zuber and Mohsin Issa bought Asda from Walmart in 2020, in a £6.8 billion deal with the backing of TDR Capital. Zuber Issa sold his stake in Asda TDR Capital in June and also said he ...
UK Tycoon Mohsin Issa Steps Aside From Running Supermarket …
WEB4 days ago · Petrol station entrepreneur Mohsin Issa has stepped aside from his executive role at Asda, the struggling British supermarket that he bought alongside his brother and private equity firm TDR ...
Asda co-owner Mohsin Issa steps back as hunt for CEO continues
WEB4 days ago · Mr Issa will remain co-owner of the chain, alongside private equity backer TDR Capital, and a non-executive on the board. It comes as debt-laden Asda continues its hunt for a chief executive to ...
Asda billionaire boss Issa: 'I've not done bad' - BBC News
WEBMar 1, 2024 · Mohsin Issa, one half of the so-called "billionaire brothers" who own Asda, says he plans to hand over the running of the UK's third biggest supermarket. In his first broadcast interview, the...
TDR to acquire majority stake in Asda as Issa brothers split empire
WEBJun 7, 2024 · Zuber Issa, who owns Asda with his brother Mohsin, has agreed to sell his stake in the British supermarket chain to co-owners TDR Capital in a deal that will make the private equity firm the...
Asda co-owner Mohsin Issa steps back from running Yorkshire …
WEB4 days ago · Asda co-owner Mohsin Issa has confirmed he will step down from running the Leeds-headquartered supermarket and will hand over the reins to chairman Lord Stuart Rose and the management team.
Blackburn Issa brothers to split as Asda share sale announced - BBC
WEBBlackburn brothers Zuber and Mohsin Issa bought Asda from Walmart in 2020. Zuber Issa will also step down as co-chief executive of EG Group after reaching an agreement to buy its remaining UK...