Higginson to become Morrisons chairman

STRUGGLING  supermarket chain Morrisons has appointed former Tesco finance director Andy Higginson as its next chairman.
 
The Manchester-born executive, who left Tesco in 2012 after 15 years, will replace Sir Ian Gibson when he retires in 2015.  He will join the board in October as non-executive deputy chairman and chairman elect.

Mr Higginson is currently the chairman of Poundland and Manchester plus-size clothing retailer N Brown Group and senior independent director of BSkyB.

Sir Gibson said: “Andy Higginson has a tremendous reputation and a distinguished career at the forefront of retailing in the UK and I am sure he will be a huge asset to Morrisons.  I am very pleased to welcome him to the board as deputy chairman and look forward to working with him to ensure a smooth transition to the chairman role.”

Mr Higginson added: “I am delighted to be joining the board of Morrisons. Whilst there are undoubted challenges in the industry at the moment, this is a fine business and I am looking forward to working with the great team at Morrisons who work hard every day to serve customers.”