03 February 2020
Tesco PLC ("Tesco")
Update on CEO succession
Further to the CEO Succession announcement dated 2 October 2019, Tesco PLC ("Tesco") confirms that Ken Murphy will take up the role of Group Chief Executive on 1 October 2020 and will join the Board on the same date, after fully respecting his contractual non-compete obligations.
To facilitate a smooth and seamless handover, Dave Lewis has agreed to extend his tenure as Group Chief Executive until 30 September 2020.
Enquiries:
Investor Relations |
Chris Griffith |
+44 (0) 1707 912 900 |
Media |
Simon Rew |
+44 (0) 1707 918 701 |
|
Philip Gawith (Teneo) |
+44 (0) 207 420 3143 |
LEI Number: 2138002P5RNKC5W2JZ46