Sainsbury’s CEO Mike Coupe denies exit is over failed Asda merger

// Sainsbury’s CEO Mike Coupe said his exit is not because of the grocer’s failed merger with Asda
// Coupe will remain in post until the end of MaySainsbury’s outgoing chief executive of six years Mike Coupe has denied claims that his resignation is due to the collapsed £12 billion Asda merger.
Coupe announced his resignation last week and said he will remain in post until the end of May, after which he will be replaced by current retail and operations director, Simon Ro