Press Centre

Asda appoints new chief operating officer

Asda today announced that Simon King will join the business as its new chief operating officer in January 2011.

Simon is currently the chief executive of supermarket and hypermarket operator Panda Retail, a subsidiary of The Savola Group, based in Saudi Arabia. Until 2009 he was CEO of Tesco Kipa in Turkey and has had a long and successful retail career with both Tesco and Safeway. Prior to his role in Turkey, Simon also ran a number of Tesco’s international operations including South Korea in Asia and the Czech Republic, Slovakia, Poland and Hungary in Eastern Europe.

In his role as ASDA COO, Simon will largely take up the brief vacated by Andy Clarke when he succeeded Andy Bond in May as President and CEO. This will include responsibility for all of Retail, Supply Chain, including Distribution, Customer Service and Internal Communications.

“I’m thrilled to welcome Simon to Asda,” said Andy Clarke. “In his career, he’s demonstrated his talents as both a strategic leader and a day-to-day operator in large complex retail businesses. I know he shares a commitment to people and delivering for customers. I’m looking forward to the contribution I know he’ll make here at Asda.”

Simon’s appointment completes the Asda executive management team following Andy Bond’s move to become part-time chairman of the Asda executive committee in April.

Posted in Press Centre on 01 November 2010