date:May 07, 2013
ly to lead to new questions for the company about the future of Mr King. Speculation in the City has suggested he is ready for a new challenge and he has been linked with the role as the chief executive of Formula One.
It is understood that David Tyler, the chairman of Sainsbury's, has asked headhunter Egon Zehnder to work on a succession plan, although the company has consistently denied Mr King is planning to step down. Mike Coupe, Sainsbury's commercial director, is the favourite to succeed