Wm Morrison’s seven-month selection process has finally drawn to a close with Marc Bolland officially announced as the new chief executive of the supermarket group. 

Bolland, currently COO of Heineken NV and responsible for brand and marketing strategy at the Dutch brewery, will make the move from Amsterdam to Yorkshire in time to start duties on 1 September, in place of retiring Morrisons CEO Bob Stott.

Bolland said: “This is a great opportunity for me to head one of the UK’s leading companies, and I am looking forward to the challenge.”

In addition, the company’s deputy chairman David Jones has announced his retirement as director by the end of the month, in what is two weeks after Sir Ken Morrison announced his 2008 retirement as chairman and director.

Morrison said: “I am delighted to have appointed Marc Bolland as chief executive of Morrisons.  Marc has a wealth of experience operating in a highly competitive consumer products sector and also brings extensive commercial and leadership skills to the group which will ensure its continued progress.”

“With Marc we will have an excellent management team and I am confident that under his new leadership the group will take up its rightful position as The Best Grocer in Town, and in so doing deliver sustainable profit growth for the benefit of all our stakeholders.”

“David (Jones) has made a notable contribution to the board over the last two years and has been very supportive during a period of major change.”