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Iceland Foods has announced the appointment of its managing director, Richard Walker as executive chairman, as his father, Malcolm Walker is to step down from the role.
However, it is reported that Malcolm Walker will remain on the board as founder, having launched the family-owned frozen food retailer back in 1970.
Richard Walker has been running the business alongside the retailer’s chief executive and co-owner Tarsem Dhaliwal since being named managing director in 2018.
He first joined the family business 11 years ago on the shop floor and as a store manager in Twickenham, before moving into head office roles at the business.
In his appointment, he will also take over as chair of the Iceland Foods Charitable Foundation, which will celebrate its 50th anniversary this year.
An Iceland spokesperson said: “Richard is really looking forward to presiding over the executive board while continuing to fulfil his direct responsibilities for Iceland.”
