LONDON, Jan 29 (Reuters) - J Sainsbury ChiefExecutive Justin King said on Wednesday he did not have anotherjob lined up for when he leaves the British grocer in July.
"I've been 100 percent focused on my job here atSainsbury's. I have not talked to anybody about any job," hetold reporters.
He said media reports linking him with a role in Formula Onemotor racing were "entirely speculation." But King, who is 52,said he was young enough to take on another big job.
"I'm optimistic that now it's clear what my tenure is atSainsbury's that opportunities will come my way and I'llconsider those as and when they do," he said.
King pointed out that the arrangements for his departureinclude a "non compete" clause that covers the 12 months afterhe leaves, ruling him out from taking a position at Britain'sother major grocers, including Morrisons, Asda,Tesco and Marks & Spencer.
Sainsbury's said King would be succeeded as CEO by MikeCoupe, the current commercial director, on July 9.