Morrisons CFO Michael Gleeson to leave following CD&R takeover

Morrisons chief financial officer is leaving the company, saying it is time for “new challenges” after the acquisition of the supermarket by CD&R.

Michael Gleeson joined the company in 2014 as group financial controller, subsequently being promoted to the supermarket’s financial director and then trading director for ambient.

Gleeson joined the board of Morrisons when he was appointed chief financial officer in 2020 and was subsequently involved in negotiations with the US private equity giant.

“I have really enjoyed my time at Morrisons, and in particular the CFO role. Now that the acquisition by CD&R has completed and the business starts a new journey, I think it is a good time for me to take on a fresh challenge. I wish the company the best for the future,” he explained.

Morrisons CEO David Potts said: “Michael has made a significant contribution to the business over the last eight years. He leaves us with our sincere thanks and with our best wishes for his future endeavours.”