Dunnhumby Founders Stepping Down

Dunnhumby, whose loyalty programs have become integral parts of Tesco and Kroger, announced that founders Edwina Dunn and Clive Humby will step away from the day-to-day management of the company while maintaining non-executive director roles.

LONDON — Dunnhumby here, whose loyalty programs have become integral parts of Tesco and Kroger, announced today that founders Edwina Dunn and Clive Humby will step away from the day-to-day management of the company while maintaining non-executive director roles.

The Board is implementing a succession plan with Simon Hay, former chief executive officer, of Dunnhumby USA, succeeding Dunn as of March 1, 2011.

Tesco has a greater than 50% stake in Dunnhumby, while in the U.

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TAGS: Marketing