// Morrisons promotes operations development director Joanna Goff to chief financial officer
// Goff has been at the grocer for over a decade and replaces Michael Gleeson
Morrisons has promoted its operations development director Joanna Goff to the role of chief financial officer.
Goff has been at the grocer for over a decade and replaces Michael Gleeson, who revealed his decision to exit last month.
She has previously served as group finance director, responsible for the Morrisons finance and procurement teams and chair of the treasury committee.
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Goff takes the financial helm at Morrisons just as new owners Clayton, Dubilier & Rice (CD&R) are looking to speed up a process to refinance the company’s debt.
CD&R is seeking to negotiate better terms with lenders after its £7 billion takeover of the grocer in October.
“Jo is a great example of the new generation of home-grown talent that is rapidly progressing at Morrisons and I’m very pleased to appoint her to such a crucial role,” Morrisons CEO David Potts said.
“Jo is widely experienced, having held a number of senior financial and strategic roles at Morrisons and in all of them has made a very significant contribution to the business. I look forward to welcoming her to our board and to working closely with her in the next phase of our development.”
Goff said: “I’m really pleased to have been asked to be Morrisons chief financial officer at such an important time in our history. This is a great business with outstanding people and a clear purpose and I’m looking forward to starting the new role.”
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