Blog: Asda's new CEO - the odds
Dean Best | 14 April 2010
UK bookmakers tend to offer odds on pretty much anything - and often the country's grocery sector attracts the punters.
Bookmakers Paddy Power has opened a book on who will replace Andy Bond as Asda's next boss after the Englishman stepped down from the role earlier in the week.
The "novelty" odds, which you can see here, have Asda finance chief Judith McKenna as firm favourite at 6/4. Another woman included in the odds is Colleen Rooney, the wife of England's most famous ankle, who is listed at 500/1 to take the Asda hot seat.
Before you stick a quid on the runners and riders, be warned: when Marc Bolland left Morrisons, the bookies listed the obvious internal and external candidates as likely to be his successor.
The UK grocer than looked across the pond and appointed the head of Canadian retailer Loblaw to replace Bolland.
Will Asda's next boss also be a surprise choice?
Danone completed its US$12.5bn acquisition of WhiteWave Foods this week. The move will roughly double Danone's presence in North America, where WhiteWave is a top four dairy player. ...
Premier Foods plc revealed today (28 March) it has secured a deal with its pension scheme trustees that will see the UK food maker reduce its pension burden....
Hain Celestial, under the scrutiny of the investment community in recent months and facing some challenges in its domestic market, has announced another shuffling of its management pack....
FrieslandCampina, which today served up higher profits but lower sales for 2016, is ready to offload the last non-dairy business owned by the Dutch cooperative giant....
- Interview: Sir Kensington's on sale to Unilever
- Analysis: Post discusses rationale for Weetabix
- Who will buy Danone's Stonyfield business?
- Interview: "Disruptive" snack brand Hippeas
- Column: Why snacking is the new meal
- Unilever buys US condiments maker Sir Kensington's
- Ice cream helps Unilever sales, food flat
- Nestle organic growth slows but beats expectations
- Dairy dampens Danone in Q1
- Suntory to offload Australia, New Zealand foods