Allan Leighton is a British businessman, chairman of The Co-operative Group since February 2015, former CEO of Asda, former chief executive of Pandora, and former non-executive chairman of the Royal Mail. He is also the co-owner of Brackley Town.
Biography
Born in Hereford, the son of a Co-op shop manager, he was raised in Oxford. He harboured thoughts of becoming a professional footballer, but broke his leg in six places aged 15. Leighton loves sport, and was previously a skier.
He joined Lloyds Bank as a cashier in 1972. Leighton left to join Mars UK in Slough as a salesman in 1974, where he spent eighteen years, his colleagues included Justin King, David Cheesewright and Richard Baker. Leighton was appointed General Sales Manager for the UK Grocery Division in 1987, and subsequently managing director of Mars in Ireland and Portugal. Leighton says he owes a lot to the Mars brothers, who gave him the practical basis for much of what he did at Asda: they would fly economy, hire a car and inspect a factory without warning before management arrived, talking to workers to get a sense of what was going on. Leaving Mars group as marketing and sales director for Pedigree Petfoods, he joined Archie Norman's management team at Asda as Marketing Director in March 1992. He attended Harvard University's six-week Advanced Management Program. Over almost a decade, Norman and Leighton transformed Asda from a £500m company that was on its knees: "We created this culture in Asda which was, we were the underdogs, we were going to fight back." Having effectively copied the successful model of United States retailer Wal-Mart, after he replaced the demoted Norman in September 1996, Leighton sold the business to Wal-Mart over Kingfisher plc for £6.7 billion in July 1999: Sir Geoff Mulcahy, Kingfisher boss at the time, hasn't spoken to Leighton since. Leighton walked out in November 2000, looking for a new challenge, and whenever asked what he was doing next, Leighton would always reply: "I am going plural." To this ends, he took on a number of different roles:
Non executive Chairmanship of Royal Mail in April 2001, ended March 2009. His first act was to consign the new brand of Consignia to the bin, his second was to appoint CEO Adam Crozier. His contract was extended in December 2004.
Other posts have included non-executive at housebuilder Wilson Connolly, and power company Scottish Power, and chairman of fitness chain Cannons Health Clubs, where he wrote a weekly internal newsletter entitled "thoughts from the Jacuzzi." Currently based half of the time in Toronto, Ontario, he is advising retail magnate Galen Weston and his son on Canadian retail chain Loblaw Companies, and is deputy chairman of Selfridges & Co. On 21 April 2008, Loblaw Companies announced that Leighton will take on the role of President of the company, replacing Mark Foote. Leighton was appointed chairman of Yorkshire-based broadcast and broadband technology company, Pace plc, on 21 June 2011. Leighton has made few television appearances, but is currently the "mentor" in Five's show Breaking into Tesco. In February 2015, The Co-operative Group appointed Leighton as its new independent non-executive chairman, he became the first independent chairman for the business. He received a £3.4 million payoff from his previous employers Pandora, where he was chief executive from July 2013 to August 2014. Leighton was formally chairman of Business in the Community. Succeeded by Jeremy Darroch.
