After 14 years as CE O, terry cloth Leahy announced his retirement in June and, as part of our long-term succession plan, Philip Clarke replaced him at the helm in border district 2011. terry cloth 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 transport 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 working(a) im provements in recent years, such as entry into China, go bad 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 march from Terry to Philip was very smooth. I have every potency that under Philips leadership, Tesco will go on to accomplish even greater success in the future. In declare for the Tesco Board to better reflect the global nature of our business, stand out more focus on key areas of performance and extradite on our immediate objectives, we made additional changes in March 2011. Tim mason has become Deputy CE O and forefront merchandise Officer in addition to his role as President and CE O Fresh & Easy. Richard Brasher has assumed the impudently 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 As! ia business. Laurie McIlwee has interpreted on...If you want to get a intact essay, order it on our website: OrderEssay.net
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