Morrison replaces head of finance
Following on from Finance Director Richard Pennycock's decision in the June to leave Morrison, the supermarket group has appointed Trevor Strain as his successor.
Following on from Finance Director Richard Pennycock's decision in the June to leave Morrison, the supermarket group has appointed Trevor Strain as his successor.
Strain joined the firm in 2009 as Commercial and Operations Finance Director, before being promoted to Finance Director Corporate in June of last year. Before that, he was the head of finance for Tesco UK Property for seven year.
He will be appointed to the main board in June 2013 when Pennycock, who is said to be embarking on a portfolio career, leaves the group.
"After a thorough selection process I am delighted that Trevor Strain will be Morrisons new Group Finance Director," said Chairman Ian Gibson.
"He has a strong track record of financial leadership and his comprehensive understanding of our business will ensure continuity.
"Richard Pennycook has been an excellent group Finance Director who has made an outstanding contribution to the success of our business since he joined in 2005.Of course he will remain with us until June 2013 to ensure a smooth transition of his responsibilities to Trevor."