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• In the UK, the Independent reports that William Morrison Supermarkets has named its new CEO - David Potts, the former Tesco executive who used to run its Asia operations but departed after Philip Clarke was chosen to succeed Sir Terry Leahy as the company's CEO.

According to the story, "The new appointment will see Potts working with former Tesco senior executive Andrew Higginson, who is now chairman of the Bradford-based grocer."
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