ASDA today announced that its chief operating officer Andy Bond had been appointed to the role of President with immediate effect.
Andy, 40, was appointed COO in September 2004, following four years at the helm of the George clothing business where he led and oversaw the significant growth of the brand (which took the UK number one spot for clothing and footwear sales last year) and its international expansion.
Prior to leading George, Andy - who joined ASDA in 1994 - was also director of ASDA's private label food business and marketing director. Most recently, as COO, Andy has directed ASDA's store and logistics operation.
Commenting on this appointment, John Menzer, President & CEO of Wal-Mart International, said: "ASDA has a deep and strong management team, and an equally strong culture. We are pleased to have the opportunity to appoint someone from inside the business. It is clear to us that Andy is the right person to lead the next phase of ASDA's success."
Editors' Notes:
- As with his predecessor, Tony DeNunzio, Andy will report to John Menzer
- Andy Bond's career history:
March 2005 President, Asda
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Sept 2004 Chief Operating Officer, Asda
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Nov 2000 Managing Director, George
1999 European Private Label Director, Asda and Wal-Mart Germany
1998 Corporate Marketing Director, Asda
1994 Marketing manager, Asda
- Biography and pictures of Andy Bond available from the Asda press office
During the last five years, ASDA has:
- Become Britain’s Number 2 supermarket, overtaking J Sainsbury;
- Maintained its position as Britain’s best value supermarket – as voted by the Grocer 33 for seven years running - and cut prices by over £1bn;
- Added 650,000 sq ft pa since 1999 and now operates 274 stores, a general merchandise pilot store (Asda Living) and six trial George clothing stores;
- Grown customers to 13 million week;
- Added over 40,000 people to the team bringing the total number of colleagues to 140,000;
- Been voted one of Britain’s 'best companies to work for' six years running by publications as varied as the Sunday Times, Financial Times and Fortune Magazine;
- Made George into a £1bn a year UK business and global brand with its products sold in Germany, Japan, Korea, Canada, Mexico and the US. Last year it became the UK’s number one volume clothing retailer overtaking M&S;
- Introduced new 'speciality' departments including 80 optical centres, 85 pharmacies, 112 photo centres and jewellery counters in most stores
