Metcash names Reitzer’s replacement

27 February 2013 Myriam Robin

Grocery wholesaler Metcash has announced Ian Morrice will replace long-serving CEO Andrew Reitzer when he steps down on June 30.

Morrice, who joined the Metcash board last year, headed New Zealand’s Warehouse Group from 2004 to 2011, and before that, worked at several UK retailers.

"Ian knows what it’s like to work in a fiercely competitive environment," Metcash chairman Peter Barnes said in a statement.

"He was schooled in the tough UK retail sector in companies such as Dixons and The Kingfisher Group, and has an intimate working knowledge of the Australian market."

Morris will have big shoes to fill: Reitzer is usually considered one of Australia’s best CEOs, having delivered consistent returns for shareholders in the highly competitive area of grocery retailing. Reitzer has led Metcash since 2005. 

Myriam Robin

Myriam Robin is a journalist with LeadingCompany. You can follow her on Twitter at @myriamrobin


SEARCH
Loading
MOST READ LATEST EDITOR'S PICKS
Neuroscience has become the dominant theme in emotional intelligence, but are its advocates barking up the wrong neuron?
If Australia is to remain competitive and productive in a hyper-connected age, social media demands leadership strategy at the highest
How we spend our money is the clearest signal we give the economy on the type of world we want. So is splurging it on overpriced champagne really the right message?
Korean companies have worked hard to successfully adapt to the Western business environment. Now it’s time Australian companies take extra efforts to understand Korean business

Sponsored Links

Private Media Publications

Crikey

loading...

StartupSmart

loading...

Property Observer

loading...

Womens Agenda

loading...