Tesco appoints Byron Grote as non-exec director
Due to take up his new role on 1 May, Grote is a former chief financial officer of BP and is currently a non-executive director of Unilever, Unilever NV, Anglo American, Standard Chartered and Akzo Nobel although he will step down from the Unilever boards at the end of April.
In statement Tesco said that Grote will bring “extensive “executive and non-executive financial and strategic experience to the board.
Grote will succeed Gareth Bullock who is retiring from Tesco’s main board to devote more time to his role on the board of Tesco Bank where he will continue as a non-executive director. Bullock has been a non-executive director of Tesco since 2010.
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