logo
Plus   Neg
Share
Email

Tesco Names Jason Tarry CEO Of UK & ROI, Replacing Charles Wilson

Tesco plc (TSCO.L,TSCDY.PK) announced Tuesday that Jason Tarry, currently Group Chief Product Officer, will become the CEO of the UK & ROI business. Andrew Yaxley, currently CEO Ireland, will be promoted to Group Chief Product Officer and join the Tesco Executive Committee.

Both Jason and Andrew will report to Dave Lewis.

Tarry replaces Charles Wilson, who will step down as CEO Tesco UK & ROI and from the PLC Board, but remain on the Tesco Executive Committee.

All changes to responsibilities will be effective from July 16.

The company noted that Wilson was diagnosed with throat cancer and has responded very well to the treatment and all the signs are that the treatment has been successful.

However, given the nature of the illness and the need for him to remain vigilant in his recuperation, the company said it has agreed to make the changes within the senior leadership team.

Wilson will focus on leading the Booker business, continuing to deliver the cost synergies and driving the growth agenda set out in the merger agreement. As a member of the Executive Committee he will contribute to the broader Tesco UK Strategy. He will continue to report to Dave Lewis.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Nike Inc. (NKE), the world's largest athletic shoes and apparel maker, Tuesday reported a first-quarter profit that increased from a year ago and trumped Wall Street estimates, driven largely by more-than-expected revenues and strong margins. Beaverton, Oregon-based Nike's first-quarter profit rose... German auto giant BMW (BMW.L, BAMXF.PK, BAMXY.PK) Tuesday lowered its earnings and revenue guidance for the full year 2018, hurt largely by emissions-related costs, product recalls and ongoing global trade war. Automotive segment revenues are now expected to be slightly lower than the previous year.... Walt Disney World is introducing a new ticket pricing system in order to better distribute attendance at its theme parks throughout the year. The company plans to begin pricing tickets for its theme parks based on dates so as to reflect the expected demand on specific days. Disney said Monday that beginning October 16, guests will be able to access its new online vacation-booking portal.
Follow RTT