date:May 08, 2014
cant shareholding in the company as an indication of my confidence in the future of the company ... The business can go from strength to strength, he said.
King was also confident that Sainsbury's would avoid the turmoil that management change has seen at firms such as Tesco.
He said his succession had been well planned over the longer term, Coupe had been instrumental in much of Sainsbury's success over the last 10 years and the firm's wider leadership team was very stable and experienced.
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