Asda entices new boss with £10m pay package Retail Mohsin Issa could reportedly reward the new boss of Asda a total pay package of up to £10m, as the billionaire businessman rushes to find someone to take charge of the supermarket.
Billionaire Issa brothers split up as Asda takeover announced Retail Asda is to get a new majority owner after one of the billionaire Issa brothers agreed to sell his stake, it has been confirmed.
Zuber Issa exploring £500m sale of Asda stake in split with brother RETAIL One of the billionaire Issa brothers, who together co-own Asda alongside a private equity firm, is reportedly trying to offload his stake in the supermarket as it grapples with a mounting debt pile.
EY quits as Asda’s auditor amid criticism of Issa brothers January 28, 2024 Big Four accountant EY quit as Asda's auditor last summer in another blow to co-owners Moshin and Zuber Issa.
Asda private equity owners grilled by MPs as supermarket braces for historic strikes January 9, 2024 Asda’s private equity owners, TDR Capital, have refuted claims the firm is anti-trade union, as the supermarket braces for historic strike action.
CEO Roger Burnley exits Asda early after £6.8bn acquisition August 6, 2021 Asda has today announced that CEO Roger Burnley has left the company in the midst of its transition to new ownership. Burnley is leaving just months after the UK’s third biggest supermarket group was purchased by the billionaire Issa brothers and the private equity group TDR Capital for £6.8bn. In the process the Issa brothers [...]