Kenneth Morrison was born in United Kingdom. The patriarch of his family's supermarket chain Morrisons faces a probe by the UK's financial services watchdog following allegations that he substantially reduced his holdings in the firm without disclosing share sales. Stepped down as chairman of the U.K. food retailer in 2008 after 55 years at the company; had been chairman since 1956, when took over from his father, who founded Morrisons in 1899. During his tenure transformed it from small market stall into a $8 billion (market cap) company. Suffered criticism from some shareholders for his management style.