Incoming Marks and Spencer chief executive Marc Bolland has come under fire from Sir Ken Morrison, founder of supermarket chain Morrisons, which Bolland left to join M&S.
Speaking at Morrisons’ AGM yesterday, Sir Ken told shareholders that Bolland had benefited from hard work done by others, the Daily Telegraph reported.
He said: “We worked together for a couple of years but I wasn’t too disappointed when he left – he patently wasn’t a retailer.”
Bolland was widely credited with turning around Morrisons, which he joined from Heineken in 2006, after the botched integration of Safeway following its acquisition in 2004.
But Sir Ken said that by the time of Bolland’s arrival “much of the hard work had been done, and the people who did it never really got the credit for it”.
Marks & Spencer declined to comment.