Press Centre

Asda Appoints Richard Mayfield as New Chief Financial Officer

Asda today, 27 February, announced the appointment of Richard Mayfield as its new chief financial officer, replacing Judith McKenna who was promoted to chief operating officer in September 2011.

Richard, 43, is currently director of the shared services division at the John Lewis Partnership, responsible for financial, information technology, human resource and procurement services for the group. He joined the John Lewis Partnership in 2002 and was finance director for its Waitrose supermarkets division from 2004 to 2009. He will join Asda in the summer.

Asda President and CEO Andy Clarke said, “Richard brings a tremendous track record as one of Britain’s most talented finance directors to his new role. But more than that, because he understands, as we do, that we’re a business where people make the difference, I’m sure he’ll make a significant contribution around the board table.”

Asda also announced today that one of its key leaders would be moving to a broader role within Walmart.

Rob McWilliam, who’s held the chief financial officer role on an acting basis since September, will be taking on a broader role as Strategy Director, supporting David Cheesewright’s EMEA team and Asda on business development projects in the UK and EMEA region.

Rob has worked for Asda for 15 years and been at the helm of Asda’s 260-strong finance function during one of Asda’s most successful festive trading periods. In the interim, he’ll continue to lead Asda’s finance team and ensure a smooth handover to Richard in the months ahead.

“Rob has done an excellent job holding the CFO role while we looked for a permanent replacement for Judith and I’m sure he’ll continue to make a significant contribution to both Asda and David’s EMEA team.

“I wish Rob well in the next stage of his career.”

Posted in Press Centre on 27 February 2012