UK: Matalan Swoops For Ex-Asda Finance Chief
Leading budget fashion chain Matalan announced on Tuesday its finance chief Ian Smith will step down in February and be replaced by Phil Dutton who is a former finance chiefs of supermarket group Asda. Matalan said Smith will leave after 11 years but will remain as a consultant to the board. Dutton's appointment comes after Matalan recruited Paul Mason, ex-president of Asda Wal-Mart UK, as its new CEO.