SUPERMARKET chain Morrisons is on the hunt for a new group finance director after Richard Pennycook announced plans to step down.

Mr Pennycook has been with the firm since October 2005 and is seen as one of the key architects of its development in recent years,

Morrisons chief executive Dalton Philips said: "Richard is an exceptional CFO who has made an enormous contribution to Morrisons.  

"We have worked very closely together for more than two years and he is held in the highest regard by the comp......for the full story register now for free or login below...