CITY & CORPORATE
Andy Bond steps down from his post as chairman of Asda.
5 January 2011 | by The Retail Bulletin
He will also leave Walmart once its $2.4bn deal to acquire a majority stake in South Africa¬ís Massmart is complete, which is expected to be around the end of March.Bond was Asda chief executive for five years before becoming chairman in April last year. Wal-Mart International president Doug McMillon highlighted the "tremendous growth" at Asda during Bond's stint in charge in an internal memo to staff.
Email this article to a friend
You need to be logged in to use this feature.
Please log in here