THE RETAIL BULLETIN - The home of retail news
Home Page
News Categories
Christmas Ads
Commentary
Department Stores
Electricals & Technology
Entertainment
Fashion
Food & Drink
General Merchandise
Grocery
Health & Beauty
Home & DIY
Interviews
Property
Retail News
Retail Solutions
Shopping Centres, High Streets & Retail Parks
Sports & Leisure
Retail Events
People in Retail Awards 2023
Retail Marketplace Strategy 2023
Omnichannel Futures 2023
Retail HR Central
Digital Transformation Strategy 2023
Customer Engagement Strategy 2023
Retail HR 2023
THE Retail Conference 2023
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Tesco to kick off search for successor to long-serving chairman John Allan

Tesco is to kick off a formal hunt to identify its next chairman early in 2023 as John Allan prepares to retire from the helm of… View Article

FOOD & DRINK

Tesco to kick off search for successor to long-serving chairman John Allan

Tesco is to kick off a formal hunt to identify its next chairman early in 2023 as John Allan prepares to retire from the helm of giant retailer.

Under UK corporate governance rules, Allan will be ‘timed out’ in just over a year, meaning he would no longer be regarded as an independent chairman after serving for nine years.

Allan was appointed in March 2015 and is also chairman of Barratt Developments PLC, chair of the Council of Imperial College and a senior advisor to PJT Partners.

The search for his successor will be led internally by Byron Grote, the former BP finance chief, who himself is due to step down from the Tesco board next year.

City sources said that external headhunters were being appointed to assist with the process, which is expected to get underway formally in the first half of 2023.

Lygon Group, a search firm, has done much of Tesco’s boardroom recruitment work in recent years.

Allan, a former president of the CBI, has been an outspoken figure during his tenure as Tesco chairman, recently declaring that Labour was the only political party to have set out a credible economic growth plan.

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News