Morrisons chairman Sir Ken Morrison is to step down this week, when the retailer reveals what are expected to be impressive annual results on Thursday.
His retirement means that, from this week, no member of the Morrison family will be in charge or on the board.
Sir Ken, 75, will retire after 50 years and will be succeeded by Ian Gibson.
He took over the company at the age of 21 and ran it until 2006.
His father, William, effectively founded the business when he became an egg and butter merchant in Bradford, Yorkshire, in 1899.
Marc Bolland became chief executive 18 months ago and has tried to shake off its image as a budget northern retailer.
The strategy has so far worked well, with the chain announcing like-for-like sales including petrol in the run up to Christmas were up a 11.3 per cent, compared with the previous year.
TNS figures show that Morrisons’ share of supermarket sales have increased to 11.6 per cent over the past three months, up from 11.1 per cent the previous year.
Analysts predict that the results revealed this week will be equally impressive.
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