Asda co-owner Mohsin Issa to step back from running supermarket
WEB6 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 steps back as hunt for CEO continues
WEB6 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’s woes deepen after co-owner of UK’s third-largest …
WEB6 days ago · Issa, alongside brother Zuber and PE firm TDR Capital, had bought Asda in a £6.8bn leveraged buyout in 2020. Nine months on, Asda said on Wednesday that Mohsin would step down from running the ...
Asda co-owner Mohsin Issa steps back as hunt for CEO continues
WEB6 days ago · Asda has revealed that co-owner Mohsin Issa is to step down from his executive role at the supermarket and will hand over the reins to chairman Lord Stuart Rose and the management team.
UK Tycoon Mohsin Issa Steps Aside From Running Supermarket …
WEB6 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 to step away from supermarket giant
WEB6 days ago · Mohsin Issa said: "I have decided now is the right time for me to step back from my oversight role at Asda to focus on EG Group as sole chief executive." He added: "It is a very exciting time for EG Group, and I am looking forward to focusing on the business while supporting Stuart, Rob and the leadership team in my capacity as a shareholder of ...
Asda co-owner Mohsin Issa steps back as hunt for CEO continues
WEB6 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...
Blackburn Issa brother Mohsin to step down from running Asda
WEB6 days ago · In June, Mohsin’s brother, Zuber Issa, sold his stake in Asda to the supermarket chain’s private equity backer TDR Capital. It was also announced that Zuber would step down as co-CEO of EG ...
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