As management jobs cut...

Sainsbury’s CEO Coupe leaving, replaced by Roberts

Sainsbury's Local

Jobs will be lost in a streamlining task (pic: Terry Murden)

Sainsbury’s is replacing chief executive Mike Coupe with high street veteran Simon Roberts.

The change at the top came as the company announced it is cutting hundreds of management jobs across different areas of the business, as part of efforts to “streamline” its structure.

Mr Coupe told staff that “while change can be hard, it’s also necessary”.

The planned reduction in head count is a result of bringing teams together in its commercial, retail, finance, technology and HR divisions.

The board announced this morning that Mr Coupe will step down after almost six years as CEO and 15 working for the supermarket chain. He will retire at the end of May 2020. He will remain a director until the AGM on 2 July.

Mr Coupe led a failed attempt to merge the company with Asda.

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