Morrison's in search of non-exec directors

Morrison's has begun interviewing candidates to become its first non-executive directors as it steps up its bid for Safeway.

The supermarket is the only FTSE 100 company to have no non-executive directors on its board, which is in breach of corporate governance guidelines.

Previously, the company's executive chairman Sir Ken Morrison has questioned the need for non-executive directors. But following the group's all-share bid for Safeway on January 9, it has been Morrison's intention to appoint non-executives if his offer was successful.

It is understood that the company is interviewing two candidates although no decision has been made yet.