TORONTO — Dalton Phillips, chief operating officer of Loblaw Cos. here, is leaving the company to take the chief executive position at Wm. Morrison Supermarkets, a major British grocery chain.
Phillips, a former executive at Wal-Mart in South America and Germany, had served at Loblaw for more than three years.
"Food retail today is a very global business and the work that we are doing at Loblaw is highly visible around the retail world," Allen Leighton, Loblaw's deputy chairman, said in a statement Wednesday. "Dalton's appointment is a reflection of this and the progress that we
are seen to have made."
Phillips is expected to stay with Loblaw through the end of March. Reports said that his duties at the company initially will be fulfilled by several current Loblaw executives.
The company did not comment on a timetable to name a permanent replacement.
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