Saga looking at performance and cost efficiencies

UK money

Saga has stated that it is “looking at where performance and cost efficiency can be improved” after it recently appointed former Superdry and Co-op boss Euan Sutherland as chief executive officer.

He replaced Lance Batchelor who is retiring from the business on 31 January. Ex Swinton boss Gilles Normand also recently joined Saga as group chief operating officer along with Cheryl Agius who took on the insurance CEO role.

In its trading update for the period from 1 August 2019 to 27 January 2020

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