Asda appoints former M&S boss Stuart Rose as new chairman

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Asda appoints former M&S boss Stuart Rose as new chairman
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Conservative peer and retail veteran will be tasked with leading the board’s recruitment of a new chief executive

from former BHS and Topshop owner Sir Philip Green in his time at M&S, is a retail veteran who has had stints at the boss of Iceland, Argos and former Topshop and Miss Selfridge group Arcadia, which he sold to Green in 2002. He was chair of the online grocer Ocado until May this year.of Asda by private equity firm TDR Capital and Blackburn-based billionaire brothers Mohsin and Zuber Issa who now co-own the UK’s third largest supermarket with US retail group Walmart.

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