Sir Ian Gibson has been confirmed as the successor to Morrisons’ outgoing chairman Sir Ken Morrison.

Sir Ian, who is leaving his position as chairman of Trinity Mirror, will join the supermarket group as deputy chairman in September and take the helm when Sir Ken steps down, by next March.

Sir Ken has run Morrisons since 1956, but relinquished the day-to-day running of the company in 2005. He will retain his life president title when he steps down.

Sir Ian spent more than 30 years in the motor industry. He is also a director of baking chain Greggs and banking group Northern Rock.

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