Mohsin Issa will relinquish responsibility amid faltering performance, with former M&S boss Stuart Rose stepping in

Asda has announced a significant leadership change as co-owner Mohsin Issa steps back from his executive role to focus on his previously announced position as sole CEO of EG Group. This decision marks a shift in the leadership structure of the UK's third-largest supermarket chain.

Asda co-owner Mohsin Issa has announced his decision to step down from managing the supermarket, passing leadership to chairman Lord Stuart Rose and the

Asda’s billionaire co-owner Mohsin Issa will step down from running the UK’s third-largest supermarket chain, which has lost market share to rivals in recent months. Lord Stuart Rose, Asda’s chair, and Rob Hattrell, an executive at TDR, the private ...

Petrol station entrepreneur Mohsin Issa has stepped aside from his executive role at Asda, the struggling British supermarket that he bought alongside his brother and private equity firm TDR Capital three years ago.

Asda chairman Lord Rose has taken control of the struggling supermarket after Mohsin Issa formally stepped down as chief executive. The retail veteran, who previously headed up Marks & Spencer and Ocado,

Asda co-owner Mohsin Issa steps back as hunt for CEO continues - Mr Issa will this week leave his executive role to concentrate on his recently announced move to become sole chief executive of EG Group.