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Asda has announced the appointment of Michael Gleeson as its new chief financial officer (CFO), who is set to join the business next year.
The announcement comes as Asda’s current CFO, John Fallon, has decided to leave the business and take on new challenges.
Gleeson will join the company from Morrisons where he has been CFO since February 2020. He joined Morrisons in 2014 as a group financial controller and he was then appointed as the supermarkets financial director, before becoming trading director of Ambient, Frozen, Dairy, Fuel and Services.
Prior to joining Morrisons, Gleeson worked for Tesco in a number of senior finance roles, including group financial planning and analysis director, and CFO of Tesco.com.
Mohsin Issa, co-owner of Asda, said: “I am delighted that we are able to announce that Michael Gleeson will be joining us as our new chief financial officer. Michael brings a wealth of experience to this role, and we are looking forward to welcoming him next year.
“In the meantime, John will take on some specific projects and Steven Nuttall will take on some extra accountability in the day-to-day running of our finance function and this will help ensure there is a smooth transition.”
