Morrisons name new chief executive

SUPERMARKET group Morrisons has named Dalton Philips as its new chief executive.

Mr Philips has been chief operating officer of Loblaw, Canada’s largest food distributor and a leading provider of general merchandise, pharmacy and financial products and services, since 2007.

As revealed by TheBusinessDesk.com this week, the 41-year-old replaces Marc Bolland who left the Bradford-based company to become chief executive of Marks & Spencer late last year.

He will take up his new position in March.

TheBusinessDesk.com Blog: Deputy Editor Ian Briggs on the new Morrisons chief

Loblaw has more than 1,000 stores nationwide and a turnover of £18bn.

His career includes a stint as chief executive of Irish department store group, Brown Thomas and between 1998 and 2005 he worked for Wal-Mart’s international division holding a range of commercial positions, rising to chief operating officer in Germany.

Sir Ian Gibson, Morrisons’ chairman, said: “I am delighted that Dalton will be joining Morrisons as chief executive. He has a tremendous retail pedigree and a wealth of experience from senior retail positions around the world. I look forward to welcoming him to the great team at Morrisons.”

Mr Philips said: “I am really pleased to be joining Morrisons. It’s an incredibly exciting business with a terrific history and I’m really looking forward to meeting the team and to the challenge ahead.”

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