Tesco board member steps down
Tesco’s Gareth Bullock will retire from the main board of the embattled grocer effective 5 March.
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From 1 May 2015 he will be replaced by Byron Grote, who will bring with him extensive executive and non-executive financial and strategic experience, the company said in a statement.
Bullock will retain his seat on the board at Tesco Bank.
As of 10:27 shares in Tesco were lower by 0.86% to 242.85p.