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TSCDY Tesco PLC (PK)

11.79
0.23 (1.99%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Tesco PLC (PK) USOTC:TSCDY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.23 1.99% 11.79 11.67 11.81 11.81 11.6702 11.70 96,880 21:03:41

Tesco Says Booker CEO Charles Wilson Will Retire Next Year

07/09/2020 2:47pm

Dow Jones News


Tesco (PK) (USOTC:TSCDY)
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By Matteo Castia

 

Tesco PLC said Monday that Charles Wilson will retire next year from his role as chief executive of Booker, the company's wholesale food business.

The U.K.'s largest grocer by market share said Mr. Wilson will retire in February 2021 after 15 years at the helm of Booker.

Mr. Wilson said he is retiring due to health reasons and that Tesco Chief Product Officer Andrew Yaxley will replace him at the head of Booker.

Mr. Yaxley will be succeeded as chief product officer by Ashwin Prasad, who is being promoted from his role as commercial director for packaged food, the company said.

Shares at 1310 GMT were up 1.6 pence, or 0.7%, at 217.4 pence.

 

Write to Matteo Castia at matteo.castia@dowjones.com

 

(END) Dow Jones Newswires

September 07, 2020 09:32 ET (13:32 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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