Ex-Royal Mail chair moves to Canada role

[TrueBlueTerrier]

http://www.thisismoney.co.uk/investing- ... topstories

Evening Standard
22 April 2008, 4:31pm

Royal Mail chairman Allan Leighton has been named president of Canada's biggest supermarkets chain, the troubled Loblaw.

Leighton is already deputy chairman of Loblaw, which is locked in battle with US rival Wal-Mart for market share.

He replaces Mark Foote, who is leaving along with chief financial officer William Wells.

Leighton was chief executive of Asda before being recruited by Loblaw in 2006.

He takes the reins at a difficult time for Loblaw, whose bottom line has suffered from the price war with Wal-Mart.

The company said the executive changes come at a 'crucial juncture' but added that they will bring 'more focus and clarity in our leadership structure'.

The chain's profit has been stagnant at best for more than two years.

Wal-Mart began introducing supercentres in Canada in 2006 and now has 31, forcing Loblaw and other grocers to reduce prices to retain customers.

[DGP1]

http://www.royalmailchat.co.uk/forum/vi ... highlight=

K66yla beat you to it

[Stormproof]

I've deleted the other thread now

[sevenandseven]

When did he become an ex-chair?

[Carnoustie]

Wal-Mart began introducing supercentres in Canada in 2006 and now has 31, forcing Loblaw and other grocers to reduce prices to retain customers.

And now they've had to reduce prices, I suppose Big Al will tell the staff that "the business cannot afford a pay rise this year, on account of 'our people' being overpaid compared to our competitors people"


It isn't a great surprise to anyone that this particular Canadian firm has been sucking up to Mr Leighton..... their company name is an anagram of BLOW AL

[DGP1]

Wal-Mart began introducing supercentres in Canada in 2006 and now has 31, forcing Loblaw and other grocers to reduce prices to retain customers.

And now they've had to reduce prices, I suppose Big Al will tell the staff that "the business cannot afford a pay rise this year, on account of 'our people' being overpaid compared to our competitors people"


It isn't a great surprise to anyone that this particular Canadian firm has been sucking up to Mr Leighton..... their company name is an anagram of BLOW AL

Award for the best joke must go to that one

[k979aaa]

When did he become an ex-chair?

Has the basta*d really gone for good or is it not another royalmail ploy?. :lfo just to use it one last time i hope :lfo here have one more on me!. :lfo

[Stormproof]

Can't find any reference to him being Ex Royal Mail, well only in the title..............wishful thinking eh :lfo

[pickaname]

Wasnt leighton involved with Asda/Walmart over here? Has the man no loyalties at all?

[DGP1]

Wasnt leighton involved with Asda/Walmart over here? Has the man no loyalties at all?

All he's loyal to is

[greynut]

When did he become an ex-chair?

Has the basta*d really gone for good or is it not another royalmail ploy?. :lfo just to use it one last time i hope :lfo here have one more on me!. :lfo

I read that he is still chairman of RM but leaves nearly total control now to Crozier. Leighton lives most of the time in Canada I think.

[Darren Bent]

Let hope He will import Adam and both of them stay in Freezing part of Canada.