Foote Resigns, Leighton Named President, in Loblaw Management Shakeup

Mark Foote, the veteran Canadian merchant brought in to help Loblaw Cos. pull out of a rut two years ago, left his role as president and chief merchandising officer of the company effective yesterday as Alan Leighton, the former Asda executive who’d been serving as deputy chairman, was named president, the company said.

TORONTO — Mark Foote, the veteran Canadian merchant brought in to help Loblaw Cos. pull out of a rut two years ago, left his role as president and chief merchandising officer of the company effective yesterday as Alan Leighton, the former Asda executive who’d been serving as deputy chairman, was named president, the company here said. In further moves, Loblaw said William Wells, its chief financial officer, is also leaving the company along with the vice president of food, Petro Satriano. Lob

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