Wm Morrison Supermarkets PLC: Andrew Higginson will become the company’s Chairman when Sir Ian Gibson retires in 2015

Bradford, England, 2014-7-30 — /EPR Retail News/ — The Board of Wm Morrison Supermarkets PLC (“Morrisons”) announces that Andrew Higginson will become the company’s Chairman when Sir Ian Gibson retires in 2015. Andrew will join the board on 1 October 2014 as non-executive Deputy Chairman and Chairman Elect.

Andrew is currently the Chairman of Poundland Plc and N Brown Group Plc and senior independent director of BSkyB Plc. Prior to that he served as an Executive Director at Tesco Plc for 15 years.

Sir Ian Gibson, Chairman of Morrisons, said: “Andy Higginson has a tremendous reputation and a distinguished career at the forefront of retailing in the UK and I am sure he will be a huge asset to Morrisons. I am very pleased to welcome him to the board as Deputy Chairman and look forward to working with him to ensure a smooth transition to the Chairman role.”

Andrew Higginson said: “I am delighted to be joining the Board of Morrisons. Whilst there are undoubted challenges in the industry at the moment, this is a fine business and I am looking forward to working with the great team at Morrisons who work hard every day to serve customers.”

In relation to the appointment, it is confirmed that there are no further details to be disclosed under paragraphs 9.6.13 (1) to (6) of the Listing Rules.

Andrew started his career at Unilever and held executive positions at Guinness Brewing, Laura Ashley and Burton Group. Between 1997 and 2012 he worked for Tesco Plc, initially as Finance Director before adding responsibility for Group Strategy and becoming Chairman of Tesco Personal Finance in 2004. In 2008 he moved to be CEO of Tesco’s Retailing Service Business. He was a main board Director of Tesco Plc for 15 years.

Andy is currently the Chairman of Poundland Plc, N Brown Group Plc and McCurrach UK Limited. He is also a non-executive Director of BSkyB Plc and a non-executive Director of the Rugby Football Union and of Woolworth Holdings Ltd in South Africa.

Andy has held previous non-executive directorships with FirstGroup Plc, and Clarks.

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