Morrisons chairman to stand down
SIR Ian Gibson, the chairman of Yorkshire-based supermarket chain Morrisons, is to step down from his role, it was announced this morning.
The group said that Sir Ian will not be seeking re-election at next year’s Annual General Meeting.
He said: “This term will take me into my eighth year on Wm Morrisons board, and this announcement gives the board time to conduct an orderly search for a new chairman and ensure a smooth transition.”
“The board will conduct an orderly process to appoint a successor. The board welcomes Sir Ian’s continuing support as it implements its strategy. Further announcements will be made as appropriate,” said Morrisons.
