Wednesday, Jan 19, 2011

Gulf News

Dubai: Robert Willett, CEO of Al Futtaim Group, resigned from the company on Monday, Gulf News can reveal exclusively.

Willett, former Best Buy and Accenture executive, was appointed CEO in May 2010 after working as a non-executive board director for Al Futtaim for about a year.

Sources said Willett left for family reasons and is said to be moving back home to the UK. No successor has been named yet.

Willett told Gulf News in a June interview he was planning to build a team to walk a united way forward with the company and gave himself a period of six months for this. His was a rare case of a Gulf family business hiring a non-family member to run its operations.

By Arno Maierbrugger, Deputy Business Editor

Gulf News 2011. All rights reserved.