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The Market Online - At The Bell

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  • Metcash’s (MTS) CEO of the Food Pillar, Scott Marshall, has resigned
  • The company says Mr Marshall, who has been working with the company for more than 30 years, is leaving to “pursue another career opportunity”
  • Scott Marshall has been the CEO of the food pillar for the last five years, and previously held the role of CEO of the liquor pillar
  • While a search is now underway to find Mr Marshall’s replacement, the outgoing CEO will stay with the company to train his successor, which is expected wrap up around the end of June
  • MTS shares are up 0.2 per cent, trading at $4.20 at 10:13am AEDT

Metcash’s (MTS) CEO of the Food Pillar, Scott Marshall, has resigned.

The company said Mr Marshall, who has more than 30 years experience with the company, is leaving to “pursue another career opportunity.”

Scott Marshall had been the CEO of the food pillar for the past five years, and has previously held the role of CEO of the liquor pillar.

Group CEO, Doug Jones, said Mr Marshall’s contribution to Metcash was “significant.”

“Scott, together with his strong management team, have been instrumental in positioning the food pillar with an aligned and healthy retail network which, together with proven structures and systems, provides the right platform for continued success.”

The search is now underway to find a new CEO for the food pillar.

Meanwhile, Mr Marshall will stay with the company to assist the transition of the new CEO, which the company expects will happen around the end of June.

MTS shares were up 0.2 per cent, trading at $4.20 at 10:13am AEDT.

MTS by the numbers
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