Conservative peer and retail veteran will be tasked with leading the board’s recruitment of a new chief executive
Asda has appointed Stuart Rose, the Conservative peer and former boss of Marks & Spencer, as its first dedicated chairman in more than 20 years.
Lord Rose, who helped fight off a 2004 bid from former BHS and Topshop owner Sir Philip Green in his time at M&S, is a retail veteran who has had stints at the boss of Iceland, Argos and former Topshop and Miss Selfridge group Arcadia, which he sold to Green in 2002. He was chair of the online grocer Ocado until May this year.
