Saturday, January 23, 2021

Morrisons director Irwin Lee leaves after Ocado deal

Non-executive director at Morrisons Irwin Lee has announced he will leave the company at the end of the month.

Lee, who chairs the grocer‘s renumeration committee joined Morrisons last July in an effort to turn the group around.

He will return to his native country the Philippines to take over as chief executive of a Philippine supermarket chain Rustan Supercentres.

RELATED: Morrisons strikes new deal with Ocado to deliver to more homes

The announcement comes just days after the supermarket announced a significant deal with Ocado, boosting shares in the company and creating positive forecasts.

“We are very sorry that Irwin is leaving us all with his enthusiasm and drive, and with his extensive supplier knowledge. However, we fully understand and respect Irwin’s decision to move back into a full time executive role and to relocate,” Morrisons’ chairman Andrew Higginson said.

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