Page 2 - Rob Mcwilliam News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Last modified on Tue 20 Apr 2021 06.56 EDT The £6.8bn takeover of Asda by a private equity consortium fronted by the Blackburn-based petrol station billionaire brothers Mohsin and Zuber Issa could lead to higher fuel prices in some parts of the UK, the UK competition watchdog has warned. The Issa brothers and TDR Capital co-own the petrol station operator EG Group, which has 395 UK petrol stations while Asda owns 323. The Competition and Markets Authority (CMA) said many of the forecourts were located in the same parts of the country and it was concerned about these overlaps. Joel Bamford, t...

2 Share Asda has today announced that John Fallon will succeed Rob McWilliam as Chief Financial Officer when Rob concludes his fixed term appointment in the role this Summer. In an announcement made to colleagues this morning, CEO and President Roger Burnley said; As many of you know, after six years away, in 2018 we welcomed Rob to Asda back on a fixed term contract to support us through the proposed merger with Sainsbury’s. Although this deal did not complete, we were delighted when Rob agreed to extend his contract and he has played a really pivotal role in helping us navigate our journe...

By Ian Quinn2021-04-16T10:06:00+01:00 Fallon joined Asda’s finance team in 1996 and was appointed deputy CFO in 2018 Asda has promoted deputy CFO John Fallon to succeed Rob McWilliam as chief financial officer when he steps down after his fixed term appointment concludes in the summer. Asda CEO Roger Burnley announced the move today, days before the Competition & Markets Authority is due to announce a decision on whether the Issa brothers’ £6.5bn deal to buy the retailer can go ahead. Rob McWilliam will step down in the summer McWilliam has played a key role in the separation of Asda ...

City pars ASDA APPOINTS NEW FINANCE BOSS Supermarket chain Asda has announced that deputy finance chief John Fallon will succeed Rob McWilliam, who leaves this summer. Mr McWilliam originally became chief financial officer in 2018 to help Asda through the proposed merger with Sainsbury’s. That deal fell through – however, Mr McWilliam had a “pivotal role” in helping the company to its new ownership under the Issa brothers, who agreed to take over the chain last year. The Times reported earlier this week that many members of Asda’s senior staff are looking to leave after getting fina...

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