Sainsbury’s boss stays put

SAINSBURY’S chief executive Justin King yesterday denied reports that he was set to leave his top job at Britain’s third-biggest supermarket.

King spoke out after a report claimed chairman David Tyler had asked Egon Zehnder International to work on succession plans.

“I am not planning on going anywhere,” King told Sky News.

Frontrunners for King’s job were listed as Mike Coupe, the firm’s commercial director, outgoing WH Smith boss Kate Swann and Marks & Spencer clothing head John Dixon, but Sainsbury’s said any discussion was premature.