Business Management

After 14 years as CE O, terrycloth Leahy announced his retirement in June
and, as part of our semipermanent succession plan, Philip Clarke replaced
him at the helm in March 2011.
terrycloth is undoubtedly one of the leading businessmen of his generation.
Under his leaders we have more than quadrupled our sales and
profits, expanded into 13 countries outdoors the UK and entered new
markets such as online retailing and financial services. On behalf of
all(prenominal)one at Tesco and all our shareholders, it is a privilege to thank
Terry for his unrivalled parcel to the success of the business.
There could be no better someone to lead us going forward than Philip
Clarke. Philip has worked at Tesco throughout his career, spending
many years in Retail and Commercial. He conjugate the Tesco Board in
1998 and, as part of his role as Asia, atomic number 63 and IT Director, has been
at the heart of many of our most important developments and
useable improvements in recent years, such as entry into China,
misfire and India and the introduction of the Tesco Hindustan Service
Centre (HSC ) our global services arm.
I tack together the Nominations Committee the objective of showing a seamless
succession and I am delighted with the outcome. The handover process
from Terry to Philip was very smooth.



I have every confidence that
under Philips leadership, Tesco will go on to achieve even greater
success in the future.
In enunciate for the Tesco Board to better reflect the global nature of our
business, tolerate more focus on key areas of performance and deliver on
our immediate objectives, we made additional changes in March 2011.
Tim mason has become Deputy CE O and Chief merchandise Officer in
addition to his role as President and CE O Fresh & Easy.

Richard Brasher has assumed the newly created role of CE O for the UK,
as well as having responsibility for the country of Ireland, whilst David
Potts has become the first CE O of our growing Asia business. Laurie
McIlwee has interpreted on...If you want to get a full essay, order it on our website: Ordercustompaper.com



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