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PRIVACY
Retail & Consumer

Nisa CEO Ken Towle to lead Asda's supermarket network after Derek Lawler departure

Co-op exec who led on the buy-out of North Lincolnshire delivered wholesale specialist is to take the helm

Nisa CEO Ken Towle is joining Asda's executive leadership team as retail director.

Nisa chief executive Ken Towle is to head up Asda’s huge supermarket portfolio.

He takes the retail director role with the grocery giant following the departure of Derek Lawler.

Co-op chief commercial officer Michael Fletcher will take the helm of the Scunthorpe-headquartered delivered wholesale specialist he led the acquisition of back in 2018.

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Mr Towle, who joined the company then, said: "It has been a privilege to lead the Nisa business. Nisa is fortunate to work with fantastic partners from whom I have learnt so much. I wish everyone continued success in the future.

“It’s an exciting time to be joining the Asda team and I am really looking forward to getting started later in the year.”

Prior to his appointment at the Normanby Enterprise Park base, Mr Towle had spent 30 years with Tesco, including roles as stores director, chief executive for China and finally managing director for Central Europe, Ireland and Turkey.

Mr Fletcher - another former Tesco executive - joined Co-op’s food business in 2013, and brings extensive operational experience, developing and leading commercial strategy, opening new markets and leading integration synergy initiatives.