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TalkTalk hoping for rapid results as Dunstone gets his hands dirty image
Source : Guardian [Read Article] Wednesday 1st of February 2017 07:29:32 PM
.... Non-executives arrived (quite right, too) and Morrison, with his shareholding diluted, was obliged to explain himself to the City. But the plain-speaking remained, most famously after retirement when he turned up at the annual meeting in 2014 to take a pop at the then chief executive Dalton Philips. ...
Sir Ken Morrison's best quotes: 'You’ve got a lot more bullshit than me' image
Source : Guardian [Read Article] Wednesday 1st of February 2017 01:24:50 PM
.... I have something like 1,000 bullocks and, having listened to your presentation, Dalton*, you’ve got a lot more bullshit than me. *Dalton Philips, then chief executive of Morrisons. ...
Supermarket tycoon Sir Ken Morrison dies aged 85 image
Source : Guardian [Read Article] Wednesday 1st of February 2017 12:44:02 PM
....A proud Yorkshireman, Morrison was highly respected in the retail world for his no-nonsense approach to shopkeeping. Known for his stinging wit, he told former boss Dalton Philips, who stalled the business even as he modernised it by moving into convenience stores and the internet, that his strategy was “bullshit”. ...
Asda boss departure reveals sweeping change among supermarkets image
Source : Guardian [Read Article] Monday 13th of June 2016 06:21:57 PM
....The departure of Andy Clarke from the top job at Asda means that each of the big four supermarket chains have changed their chief executive in the past two years. Since July 2014, Justin King has retired from Sainsbury’s, Philip Clarke has been pushed out of Tesco and Dalton Philips has been sacked from Morrisons. ...
Morrisons chief executive given £1m bonus image
Source : Guardian [Read Article] Friday 6th of May 2016 02:16:11 PM
.... He also got £187,000 in lieu of a pension. The pay package is slightly more than his predecessor Dalton Philips who earned £2. ...
Morrisons to sell food through Amazon image
Source : BBC [Read Article] Monday 29th of February 2016 08:00:03 AM
....It could cloud the relationship Morrisons has with Ocado who currently supply delivery services. Morrisons chief executive, David Potts was already unhappy with the deal struck by his predecessor, Dalton Philips, as the Ocado network doesn't serve key areas such as the North and Scotland - Morrisons heartland. ...
Centrica and Go-Ahead battle it out for title of most-hated business in Britain image
.... His prediction now looks like it was a desperate attempt to alleviate the pressure on him. Dalton Philips made a similar prediction a couple of years ago when he was boss of Morrisons. ...
Ocado relationship with Morrisons under fresh pressure image
Source : Telegraph [Read Article] Saturday 6th of February 2016 07:10:15 PM
.... . Morrisons chief executive David Potts is understood to be dissatisfied by the deal agreed by his ousted predecessor Dalton Philips. ...
Aldi and Lidl: graduate recruitment schemes key part of success image
Source : Guardian [Read Article] Tuesday 29th of December 2015 05:22:29 PM
....Related: Aldi wins Which? supermarket of the year. Aldi and Lidl now account for 10% of grocery spending in the UK and are predicted to keep stealing business from their rivals: analysts believe the pair’s market share will hit 15% by 2020, while former Morrisons boss Dalton Philips said that if the big grocers failed to match the discounters’ prices they would eventually take 25% of the market. ...
Banana split for Morrisons image
Source : Telegraph [Read Article] Saturday 26th of December 2015 07:00:40 PM
.... . Chief executive Dalton Philips was sacked in January 2015 after struggling to reverse falling quarterly sales and catch up with the rival supermarkets’ online shopping services or make headway against the discounters Lidl and Aldi. ...
A dearth of new leaders to run corporate Britain image
Source : Telegraph [Read Article] Saturday 26th of December 2015 05:26:32 PM
.... Take Wm Morrison, which until six days ago was still part of the FTSE 100. At the start of this year, Dalton Philips was chief executive. ...
Why Spain's hung parliament won't dent the economy … yet image
Source : Guardian [Read Article] Monday 21st of December 2015 07:03:13 PM
.... On day one, markets were right not to panic. There was fresh indignity for Morrisons as it departed the FTSE 100 index: its founder and grocery supremo Sir Ken Morrison, a thorn in the side of the former chief executive Dalton Philips, was revealed as the owner of 2. ...
Morrisons braced for FTSE 100 demotion image
Source : Guardian [Read Article] Wednesday 2nd of December 2015 06:00:10 AM
....Its chief executive, David Potts, said he expected a better Christmas than last year, when underlying sales fell short of its rivals, with a fall of 3. 1%, leading to the exit of Potts’ predecessor, Dalton Philips. ...
US hedge fund places a £20m bet against Morrisons image
Source : Telegraph [Read Article] Saturday 21st of November 2015 09:37:15 PM
Morrisons loses pay fighter Johanna Waterous  image
Source : Telegraph [Read Article] Thursday 12th of November 2015 11:48:56 AM
. Morrisons is losing the director who fought against the excessive pay of ousted chief executive Dalton Philips. ...
Supermarkets face tough Christmas as pressure from discounters mounts image
Source : Guardian [Read Article] Wednesday 11th of November 2015 02:17:13 PM
....David Potts was appointed chief executive of Morrisons in February in an attempt to help the struggling Bradford-based supermarket return to the basics. Critics argue that former boss Dalton Philips alienated core shoppers by trying to take the retailer upmarket, for example by installing in-store misting machines to cool the fruit and vegetables. ...
Morrisons fall is ‘short-term' retail boss David Potts insists image
Source : Daily Express [Read Article] Thursday 5th of November 2015 06:27:00 PM
. Potts, the former Tesco executive tasked with reviving Morrisons’ fortunes when he replaced Dalton Philips as chief in March, warned of a “long journey” but said the business is making rapid strides to win back shoppers. ...
Morrisons reports 2.6% drop in sales image
Source : Guardian [Read Article] Thursday 5th of November 2015 08:56:43 AM
....He said he expected a better Christmas than last year, when underlying sales fell short of its rivals, with a fall of 3. 1%, leading to the exit of Potts’ predecessor, Dalton Philips. ...
Morrisons sales slip again as it cuts vouchers and prices image
Source : Telegraph [Read Article] Thursday 5th of November 2015 07:56:11 AM
.... David Potts took charge at Morrisons in March. The former Tesco executive has wasted little time so far in overhauling the supermarket since he joined in March, taking over from the ousted Dalton Philips. ...
Morrisons drops Ant and Dec for its own staff in Christmas TV ad campaign image
Source : Guardian [Read Article] Thursday 5th of November 2015 01:00:17 AM
....Last year, the Bradford-based grocer used TV personalities Ant and Dec – sporting £12 Christmas sweaters - for what was described as a “make or break” Christmas. But in January, it sacked chief executive Dalton Philips after revealing that its Christmas trading was the worst of the publicly listed grocers – and following five years of slumping profits. ...
Morrisons to post another drop in sales despite price cuts image
Source : Telegraph [Read Article] Saturday 31st of October 2015 07:00:41 PM
.... New Morrisons boss, Dave Potts. The new management team led by David Potts, who replaced Dalton Philips in March, and chairman Andy Higginson are yet to make a meaningful dent in the sales slide. ...
Morrisons pulls plug on £2m sustainable farming project image
Source : Guardian [Read Article] Wednesday 21st of October 2015 07:33:50 PM
.... The prince took out a £20m personal loan in 2007 to prevent its sale and its unique collection of furniture being broken up. The then Morrisons chief executive, Dalton Philips, launched a major investment programme in a “living laboratory” to investigate sustainable methods of meat production in 2010. ...
Energy policy is putting the British steel industry at risk image
Source : Telegraph [Read Article] Tuesday 20th of October 2015 07:42:21 PM
.... . Price is the third boss of a large supermarket to have parted ways with his employer in the past 13 months, following Philip Clarke from Tesco in September last year and Dalton Philips from Morrisons in January. ...
....The new Morrisons chief executive David Potts showed his faith in the embattled supermarket chain’s turnaround by gobbling up another 315,000 shares worth £500,000. Mr Potts, the former Tesco executive who took over from Dalton Philips in March, has the task of stopping the rot in the group’s sales. ...
Ocado warns Morrisons cannot launch rival online service image
Source : Guardian [Read Article] Tuesday 15th of September 2015 09:20:48 AM
....Morrisons signed the deal with Ocado in a bid to catch up with its rivals’ online operations but the supermarket group is now under new management. Morrisons’ new chief executive, David Potts, has sold the M convenience shops opened by his predecessor, Dalton Philips, and is focusing on reviving Morrisons’ larger stores. ...
Instead of dealmaking, Morrisons should stick to selling fruit and veg image
Source : Telegraph [Read Article] Saturday 12th of September 2015 02:05:16 PM
.... • Morrisons to close more supermarkets as it posts 50pc slump in profits . New boss Dave Potts is rightly pulling out of areas where the company is struggling so it can focus on core operations, but in doing so the former Tesco man lays bare just how disastrous its attempts were to tap new markets under former chief executive Dalton Philips. ...
Super Thursday and a tale of two retail giants image
Source : Independent [Read Article] Friday 11th of September 2015 12:04:16 AM
....The move follows the sale of Morrison’s convenience stores business on Wednesday to the retailer Mike Greene, who will take on 2,300 staff from the shops. Morrison’s have also cut 720 jobs from head office and 430 jobs went from 10 stores shut in January under the previous chief Dalton Philips. ...
Morrisons stores cut in turnaround image
Source : Daily Express [Read Article] Friday 11th of September 2015 12:01:00 AM
....The slimming down of its core 500- store estate follows Morrisons’ disposal earlier this week of 140 M convenience stores for £25million to retail entrepreneur Mike Greene. Potts, the former Tesco executive who replaced Dalton Philips as chief executive in March, said Morrisons’ venture into the convenience market had been “a distraction”, but said the group would continue to embrace the rise in internet shopping through its partnership with online grocer Ocado. ...
Morrisons closures and Waitrose decline underline food shopping's revolution image
Source : Guardian [Read Article] Thursday 10th of September 2015 05:07:15 PM
.... On Wednesday, Morrisons announced it had sold 140 of its M Local stores for £25m, describing its small stores as a “distraction”. Potts, who replaced the sacked Dalton Philips in March, warned it would take years to turn around Morrisons and that it must be done “shelf by shelf, store by store”. ...
Morrisons' store closures threaten jobs as profits slide image
Source : Guardian [Read Article] Thursday 10th of September 2015 07:26:04 AM
....7% fall in like-for-like sales as Morrisons lost market share to the discounters Aldi and Lidl, and prices across the sector fall. Potts, who became chief executive when Dalton Philips was fired earlier this year, said the supermarket faced a long journey to get back on track. ...
Morrisons sells convenience stores image
Source : BBC [Read Article] Wednesday 9th of September 2015 01:29:02 PM
....Location is key when it comes to convenience. When the former boss, Dalton Philips, took the helm at Morrisons it had had no presence in either convenience or online. ...
Morrisons agrees £25m sale of convenience stores image
Source : Telegraph [Read Article] Wednesday 9th of September 2015 01:25:15 PM
.... The convenience stores will be rebranded after the deal. Morrisons’ convenience estate has been criticised of having a scatter-gun approach as former chief executive Dalton Philips tried to build the business at speed by acquiring packages of failed Blockbuster stores. ...
Berkeley lays on the shares with a trowel image
Source : Guardian [Read Article] Sunday 6th of September 2015 08:00:03 AM
..... A bit like Eric Morecambe’s efforts to play Grieg’s piano concerto, former Morrisons boss Dalton Philips came up with all the right strategies, just not necessarily in the right order. ...
Morrisons is set to announce a 47 per cent drop in profits image
Source : Daily Express [Read Article] Sunday 6th of September 2015 12:15:00 AM
....However, it is thought that Potts will say that there are early signs that his turnaround plan is bearing fruit. He joined the firm in March, after his predecessor Dalton Philips was forced out by chairman Andy Higginson due to poor Christmas sales. ...
Morrisons to receive up to £50m from convenience store sell-off image
Source : Telegraph [Read Article] Saturday 5th of September 2015 05:45:21 PM
.... Morrisons is expected to unveil a slump in interim profits  Photo: Bloomberg. Mr Potts is expected to flesh out details of his plan to restore the group’s core supermarkets and go back to basics and away from the frivolities of his predecessor, Dalton Philips. ...
There's really only one UK supermarket that Africa's bargain hunting billionaire could buy image
.... Wiese’s leaning towards the value-orientated shopper aligns him with the typical Morrisons shopper and the strategy by Potts to focus the company on its core supermarkets. It is unlikely Wiese would have favoured vegetable misters or other frivolities put in place by former chief executive Dalton Philips. ...
ASA orders Morrisons to clarify price comparisons under loyalty card scheme image
....“We did not consider Morrisons had provided a clearly signposted facility for customers who had shopped with them to obtain readily, specific details of what products had been compared, and at what prices, to explain how the points total had been calculated,” it concluded. The watchdog’s ruling lays bare the highly complex procedures behind Morrison’s loyalty scheme which was launched by former boss Dalton Philips in October as part of his attempt to fight back against Aldi and Lidl. ...
Morrisons faces multimillion-pound bill to offload struggling local stores image
Source : Guardian [Read Article] Wednesday 19th of August 2015 05:39:47 PM
....However, the bill underlines the scale of the problems that Morrisons has faced in trying to launch a convenience store business. Dalton Philips, the grocer’s former chief executive, opened the first M Local shop in 2011 after claiming that Morrisons was lagging behind its rivals because it did not have high street convenience stores or an online delivery service. ...
Morrisons close to convenience stores sell-off image
Source : Telegraph [Read Article] Saturday 15th of August 2015 08:30:23 PM
.... . Analysts have said that Morrisons’ scattergun approach to M Local store openings, under former chief executive Dalton Philips, had led the supermarket to pay extortionate rental costs to secure prime retail spots such as Oxford Street in London. ...
Morrisons joins Tesco in quest for 'friendly’ self-service tills image
Source : Telegraph [Read Article] Saturday 8th of August 2015 06:03:27 PM
.... . Former chief executive Dalton Philips, who was ousted from the retailer in March, trumpeted the system as an “innovative” way of cutting queuing times, but staff described it as a “waste of money”. ...
Morrisons' top team almost ready for basket of problems image
Source : Telegraph [Read Article] Wednesday 5th of August 2015 07:07:54 PM
.... . In what could cruelly be described as Mr Higginson’s bonfire of the vanities, chief executive Dalton Philips was the first to be canned, along with his much-championed fruit and vegetable misting machines. ...
Morrisons' top team almost ready for basket of problems image
Source : Telegraph [Read Article] Wednesday 5th of August 2015 06:53:40 PM
.... . In what could cruelly be described as Mr Higginson’s bonfire of the vanities, chief executive Dalton Philips was the first to be canned, along with his much-championed fruit and vegetable misting machines. ...
Sainsbury's and M&S under fire over executive and staff pay disparity image
....More than a third of shareholders (35. 6%) voted against the Morrisons remuneration report after the company awarded a £1m bonus to Dalton Philips, its sacked former chief executive. ...
Morrisons grows market share for first time since 2011 image
Source : Telegraph [Read Article] Tuesday 30th of June 2015 04:42:22 PM
.... The supermarket has been suffering from falling sales as shoppers have moved their spending to the discounters Aldi and Lidi. This led to Dalton Philips being ousted in January and replaced by former Tesco executive Mr Potts. ...
John Lewis is UK's biggest mutual after Co-op falls from top spot image
Source : Telegraph [Read Article] Wednesday 24th of June 2015 04:30:49 AM
.... . In June, shareholders attending the Morrisons AGM rebelled against the payout proposed for departing CEO Dalton Philips, who oversaw a period of declining sales and falling profits at the grocer. ...
Little can trump news of The Donald’s true wealth image
Source : Guardian [Read Article] Sunday 21st of June 2015 08:00:04 AM
.... Such documentaries are fast becoming an easy way for troubled brands to get some soft-soap PR, as even bankers aren’t daft enough to be filmed getting up to no good (Paul Flowers excepted). This month, Morrisons suffered a massive shareholder revolt after awarding sacked chief executive Dalton Philips a £1m bonus. ...
Morrisons’ new price cuts salvo image
Source : Daily Express [Read Article] Tuesday 9th of June 2015 12:01:00 AM
....It follows big price reduction investments announced earlier this year by Asda and Sainsbury’s as the UK’s grocery heavyweights battle to combat the market share gains of German chains Lidl and Aldi and the impact of food deflation. Last year, Morrisons promised to invest more than £1billion in lowering prices over three years, but these are the first price cuts overseen by former Tesco executive Potts, who replaced Dalton Philips in March. ...
Morrisons cuts prices on 200 products - here are the staples that are getting cheaper image
.... . Mr Potts joined Morrisons in March after former chief executive Dalton Philips was fired. ...
Morrisons shareholders revolt over ex-chief's pay image
Source : Telegraph [Read Article] Friday 5th of June 2015 05:59:08 AM
. Disgruntled Morrisons shareholders, who have seen the value of their shares collapse over the past couple of years, have issued a stern rebuke to the company's board after it gave former chief executive Dalton Philips a £1. ...
New management can restore Morrisons, insists Sir Ken image
Source : Independent [Read Article] Friday 5th of June 2015 01:18:12 AM
. More than one in three shareholders in Morrisons voted against handing its sacked chief executive, Dalton Philips, a £3m pay-off, although the new chairman and chief executive won the support of the former boss Sir Ken Morrison. ...
M&S gives out Bolland bonus image
Source : Daily Express [Read Article] Friday 5th of June 2015 12:01:00 AM
....It also maintained its blue chip status following fears that it would drop out of the FTSE 100 after 14 years. Potts and Higginson told the firm's annual meeting they would review its annual pay policies following controversy over the £1million bonus paid to former chief executive Dalton Philips. ...
Relinquishing last Royal Mail shares must be done at highest price possible image
....6% vote against a company’s pay report counts as a big rebellion, even these days. It might have been higher if Dalton Philips, recipient of a £1m bonus, was still chief executive. ...
Morrisons shareholders protest over £1m bonus for sacked former CEO image
Source : Guardian [Read Article] Thursday 4th of June 2015 12:02:31 PM
. Morrisons has suffered a shareholder revolt after awarding its sacked former chief executive Dalton Philips a £1m bonus, with more than one in three votes cast against its remuneration policy. ...
Managers’ rich rewards for poor performance | Letter image
Source : Guardian [Read Article] Wednesday 3rd of June 2015 05:44:58 PM
. Nils Pratley’s comment on the £1m payout to Morrisons’ erstwhile boss Dalton Philips (Sacked with a bonus, 3 June) exposes the grim truth that management underperformance is being richly rewarded. ...
Fresh success for Morrisons image
Source : Daily Express [Read Article] Wednesday 3rd of June 2015 10:02:00 AM
....It was the only one of the “big four” food retailers to increase its takings over the past three months amid fierce competition and price deflation, according to data from analysts Kantar Worldpanel. Potts, pictured, the former Tesco executive who took over from Dalton Philips in March, admitted Morrisons needed to rediscover its identity and focus on traditional strengths such as fresh food. ...
Morrisons enjoys first sales rise in 18 months image
Source : Independent [Read Article] Wednesday 3rd of June 2015 01:03:42 AM
....Morrisons’ new boss, David Potts, was given a boost after the grocer reported its first sales rise in 18 months; it was the only one of the Big Four to lift sales. Sales shrank at Tesco, Asda and Sainsbury’s and the price war continues, but Mr Potts managed to give himself some breathing space before what promises to be a feisty annual general meeting tomorrow, when shareholders could revolt over payouts to the ousted boss Dalton Philips. ...
Source : Independent [Read Article] Wednesday 3rd of June 2015 01:00:13 AM
.... . My colleague Simon Neville notes archly that its chief executive, David Potts, can largely thank the website launched by his unlamented predecessor, Dalton Philips, for the rare ray of sunshine he’s enjoying. ...
£1m bonus for Dalton Philips shows the flaws in Morrisons' incentive scheme image
....As an illustration of how the notion of a “bonus” – in the sense of a reward for exceptional achievement – has been debased by modern boardroom pay practices, look no further than Morrisons, whose shareholders gather in Bradford on Thursday. At least a few investors, contemplating a share price that has almost halved over three years, will want an answer to a simple question: if Dalton Philips’ shift as chief executive was so disappointing that he had to be replaced, why was he awarded a £1m bonus for his last year in the job?. ...
Morrisons could cling on to FTSE 100 place after sales boost image
Source : Guardian [Read Article] Tuesday 2nd of June 2015 10:24:08 AM
.... The former Tesco executive joined the company in March. The retailer is expected to receive criticism for paying out a £1m bonus to its former chief executive Dalton Philips, who was ousted after months of falling sales and profits. ...
Morrisons faces FTSE 100 demotion and annual meeting protests image
Source : Guardian [Read Article] Monday 1st of June 2015 11:37:04 AM
....It could be a tough week for Morrisons. The supermarket group is likely to face unrest at this week’s annual meeting, with investors expected to protest against the £3m payoff awarded to former chief executive Dalton Philips, who stepped down in February. ...
.... . Morrisons’ annual general meeting provided excitement last year when former boss Sir Ken Morrison labelled then chief Dalton Philips’ strategy “bullshit”. ...
What will hit the fan at Morrisons’ AGM? image
Source : Guardian [Read Article] Sunday 31st of May 2015 08:00:08 AM
. A year ago Sir Ken Morrison, the founder of Morrisons supermarket, tore into the grocer’s then chief executive, Dalton Philips, in a scathing intervention at the annual general meeting. ...
Source : Independent [Read Article] Friday 8th of May 2015 01:32:23 AM
....Since arriving, Potts said he has visited 90 stores, where he has been making sure more food is carried on the shelves and removing large posters and signage in order to give a brighter appearance. He added that stores are being cleaned more often than under the chain’s old regime, where former chief executive Dalton Philips attempted to save cash by cutting back on window cleaners. ...
Morrison's 720 axed jobs to cost £40 million, quarterly sales drop 3 per cent image
....Since arriving, Potts said he has visited 90 Morrisons stores, where he has been making sure more food in on the shelves and removing large posters and signage to give a brighter appearance. He added that stores are being cleaned more often than under the old regime, where former boss Dalton Philips attempted to save cash by cutting back on window cleaners. ...
Morrisons sales fall almost 3% in first quarter image
Source : Guardian [Read Article] Thursday 7th of May 2015 08:51:49 AM
....Morrisons’ new chief executive, David Potts, is canvassing shoppers and staff on how to build a stronger identity for the “British underdog” supermarket, as a continued decline in sales underlined the scale of the challenge at Britain’s fourth biggest grocer. The former Tesco executive who replaced Dalton Philips as boss in February is sending a team of managers and graduate trainees into two stores each week to speak to customers and staff as he tries to identify “unique characteristics [that] can become competitive strengths”. ...
Morrisons sales fall sharply again image
Source : Telegraph [Read Article] Thursday 7th of May 2015 06:54:46 AM
.... . The company announced a £1bn plan last year to cut prices and improve products to try to get back on track, but chief executive Dalton Philips was ousted in January as Morrisons performance showed only limited signs of improvement. ...
Sales continue to slide at Morrisons image
Source : BBC [Read Article] Thursday 7th of May 2015 06:47:11 AM
....This is the first interim management statement since David Potts took over as chief executive officer on 16 March. Mr Potts was picked to replace Dalton Philips, who announced his departure in January after five years at the helm of the Bradford-based firm. ...
Morrisons prepares for further profit fall with fresh price cuts image
Source : Telegraph [Read Article] Saturday 2nd of May 2015 06:53:41 PM
....9pc and the Bradford-based retailer racked up a pre-tax loss of £792m. The slump was caused by fierce competition from the discounters Aldi and Lidl and former boss Dalton Philips committing £1bn to price cuts and improving the quality of Morrisons products. ...
Struggling Morrisons pays out £3m to sacked boss Dalton Philips – with more to come image
. Dalton Philips, the former Morrisons boss, has walked away from the supermarket with nearly £3m and could get a further £1. ...
Sacked Morrisons boss receives £1.1m on top of £2.1m pay image
Source : Guardian [Read Article] Monday 27th of April 2015 07:12:54 PM
Morrisons to cut 700 head office jobs image
Source : Guardian [Read Article] Thursday 16th of April 2015 12:54:05 PM
.... We believe our customers and our staff will appreciate the improvements,” said Potts. “To support this we need a simpler, faster and cost-conscious head office and that requires some tough but necessary decisions,” said Potts, who replaced Dalton Philips after he was forced out in January. ...
Source : BBC [Read Article] Thursday 16th of April 2015 11:43:11 AM
....In March Morrisons reported profits down by 52% to £345m, its worst results in eight years. Mr Potts joined the business in March to replace Dalton Philips who left after five years at the helm of the firm. ...
Morrisons to axe 720 head office jobs as new chief David Potts shifts strategy image
.... . Mr Potts took over from Dalton Philips, who was ousted in January following a lacklustre Christmas. ...
Morrisons loses another executive as management upheaval continues image
Source : Guardian [Read Article] Monday 13th of April 2015 05:39:31 PM
....Within a week of starting his role, Potts had sacked almost half of his senior management team as he set about creating a leaner management board to speed up decision-making. Potts replaced Dalton Philips who was forced out in January when the incoming chairman Andy Higginson said he was looking for a “fresh pair of eyes to try and regain some trading momentum”. ...
Morrisons director to leave after refusing to live in UK image
Source : Telegraph [Read Article] Monday 13th of April 2015 02:59:29 PM
.... Last month Mr Potts axed five senior managers at Morrisons as he looks to rebuild the struggling supermarket group. Dalton Philips, his predecessor, was sacked in January by new chairman Andy Higginson, who himself had just started in the role. ...
Morrisons boss goes shopping for shares image
Source : Telegraph [Read Article] Friday 20th of March 2015 08:34:51 PM
....3p. Still, the stock has some way to go if it is to recover from the fall it suffered under previous Morrisons boss Dalton Philips. ...

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