Southeastern Grocers chief to become CEO of Dairy Farm
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
SINGAPORE-LISTED Dairy Farm International Holdings Limited, which operates Cold Storage, 7-Eleven and Giant stores here, said its chief executive officer Graham Allan will step down in August after five years of service.
He will be replaced by Ian McLeod in September. Mr McLeod recently said he was leaving his post at US supermarket chain Southeastern Grocers.
Dairy Farm chairman Ben Keswick said in a statement that Mr Allan has pioneered change initiatives and laid the foundation for further growth across the region and notably in China.
"Ian brings with him extensive strategic and operational retail experience with a strong track record of driving profitable growth," Mr Keswick said.
Dairy Farm last traded at US$7.94, down three cents.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar
