Morrisons - comment
CEO Rami Baitiéh has highlighted the need for operational improvements at Morrisons. We are not hearing an alarm bell yet, but losing two executives (one after only three months) points to a lot of internal friction. Recent strike action at two distribution depots (over pension changes) and the knock-on of empty shelves at some stores may be behind the logistics director leaving. The loss of the chief customer officer after three months suggests that Baitéh is a hard taskmaster. Morrisons still has time, but the CEO needs to identify and retain replacements soon.
https://www.retailgazette.co.uk/blog/2024/06/morrisons-chief-customer/