Morrisons faces boardroom revolt
Directors at Morrisons are threatening to quit over chairman Ken Morrison’s continued failure to appoint a new chief executive, it was reported today.
A number of non-executive directors will consider tendering their resignations if a new boss is not announced by the company’s annual meeting in May, The Sunday Telegraph reports. Four of Morrisons’ five non-executives have been at the company for less than 10 months.
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