NEIL Turton, chief executive of member-owned wholesaler and symbol group Nisa, will quit the role in spring next year.
Turton who has spent 23 years with the business is reported to be joining forces with market research specialist Tom Fender to launch HIM International, a sister company to established retail market analysis firm HIM UK.
Nisa stressed that Turton would be involved in the choice of a successor.
Nisa’s chief operating officer Amanda Jones has resigned to take up another post.