By Kristy Dorsey
Former Booker boss Charles Wilson has made a boardroom comeback at Menzies Distribution, and is taking a 10 per cent stake in the logistics business.
The appointment of Mr Wilson as a non-executive follows that of former Asda chief executive Andy Clark to the role of chairman of Menzies in February. The duo will help further accelerate expansion of the logistics group, which took over major rival Bibby Distribution at the end of last year.
Mr Wilson retired earlier this year as chief executive of Booker after 15 years at the helm, having presided over the £3.7 billion acquisition of Booker by supermarket giant Tesco in 2018.
READ MORE: Supermarket heavyweight joins Menzies on its distribution drive
“Menzies is a great British brand and we are making excellent progress on our journey of growth and diversification,” Mr Clark said. “I am delighted to welcome Charles Wilson to the board as a non-executive director and significant shareholder.”
Originally part of Edinburgh-based John Menzies, the print media distribution business was sold to private equity group Endless for £74.5m in September 2018. Endless has described it as a “buy and build” investment.
Menzies currently operates a fleet of more than 4,000 vehicles.
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