On the move: Pennycook exit turns spotlight on Morrisons strategy
By Katy Askew | 25 June 2012
The announcement from Morrisons that CFO Richard Pennycook plans to leave the company will come as a blow for the UK retailer. Morrisons is trading behind the market and Pennycook's exit serves to focus attention on the strategic problems that management is currently grappling with. Katy Askew reports.
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The announcement from Morrisons that CFO Richard Pennycook plans to leave the company will come as a blow for the UK retailer. Morrisons is trading behind the market and Pennycook's exit serves to focus attention on the strategic problems that management is currently grappling with. Katy Askew reports.
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