Morrisons'lost Months

Summary


MORRISONS wasted six months conducting its own search for a new chief executive before appointing head hunters last week to find a replacement for Bob Stott.

Uncertainty over the selection process, combined with the struggling supermarket chain's refusal to narrow its profit forecasts from a vague Pounds 50 million to Pounds 150 million, has dampened takeover speculation.

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Extract


Morrisons'lost Months

Post Office chairman Allan Lei...

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