Asda boardroom shake-up could benefit rivals

The relocation by Asda's Chief Operating Officer (COO) to parent company Wal-Mart may not have grabbed the headlines in the supermarket industry on Friday, but one analyst believes that the move has positive read-through for Asda's rivals in the UK.

The relocation by Asda's Chief Operating Officer (COO) to parent company Wal-Mart may not have grabbed the headlines in the supermarket industry on Friday, but one analyst believes that the move has positive read-through for Asda's rivals in the UK.

Judith McKenna, who has worked for Asda for many years, took up the COO position in July 2011 but is to move to Bentonville, Arkansas, to work as Wal-Mart's Executive Vice President Strategy and International Development.

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