Curtain comes down on Sainsbury's King era
date:Jul 10, 2014
sn't mean the end of this success story, said chairman David Tyler.

He paid tribute to King, calling him a guiding light to all of us, prompting a partial standing ovation from a packed room of, mainly elderly, private investors.

King joined as CEO in March 2004 and in his 10 years transformed the 145-year-old group's fortunes, delivering over 10 billion pounds ($17 billion) in incremental sales, a near-tripling in earnings and total shareholder return (TSR) of 85 percent.

But he departs with
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