A Maltese-born businessman has been named as the new boss of Sainsbury’s.
Martin Scicluna will become the supermarket giant’s chairman in November.
He said: ‘I’m delighted to join Sainsbury’s, a company I have long admired for its clear customer focus and its strong values.
‘Chief executive Mike Coupe and his management team have positioned the business for a successful future of delivering significant value for shareholders, customers and other stakeholders.’
Mr Scicluna will be paid £475,000 a year when he takes over as chairman of the UK supermarket chain.
He is currently chairman of More Than owner RSA Insurance and holds the same role at property firm Great Portland Estates.
He previously served on the board of a raft of firms, including Lloyds Banking Group, and was chairman of financial services industry specialists Deloitte.
Sainsbury’s is currently pressing ahead with a £12 billion takeover of rival Asda.
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