Directorate Change

RNS Number : 6479N

Tesco PLC

15 June 2010

 



DIRECTORATE CHANGE

TESCO PLC

15 June 2010

NEW APPOINTMENTS TO THE BOARD OF TESCO PLC

Tesco plc announces the appointment of Gareth Bullock and Stuart Chambers as Non-Executive Directors of Tesco PLC, with effect from 3 July 2010. 

Stuart Chambers will become Chairman of the Remuneration Committee, replacing Charles Allen.  Gareth Bullock will join the Audit Committee. 

Tesco Chairman, David Reid, said:

"I am delighted that Gareth and Stuart are joining the Board of Tesco.  Together they bring additional international experience and new expertise in financial services which will add to the overall strength of the Board."

Jacqueline Tammenoms Bakker, who became a Non-executive Director of Tesco PLC in January 2009, will join the Remuneration Committee, also with effect from 3 July.

NOTES FOR EDITORS:

Gareth Bullock

Gareth was Group Executive Director of Standard Chartered PLC on his retirement in April 2010.  He worked in a number of different divisions covering businesses in Asia, Africa and the Middle East.  He was also Chairman of the Group's risk and special asset management function.  He is SID and Chairman of the Remuneration Committee of Spirax-Sarco Engineering Plc.  Gareth is married with three children.

Stuart Chambers

Stuart was Group Chief Executive of NSG Group, a major international glass manufacturer, from 2008 to 2009 and from 2007 to 2008 was Group COO.  Prior to NSG's acquisition of Pilkington plc in 2006, Stuart was Group Chief Executive of Pilkington plc from 2002 to 2006.  Previously he held a number of senior roles at Pilkington and the Mars Corporation.  He is a Non-executive Director of Smiths Group PLC, where he is Chairman of the Remuneration Committee, and of the Manchester Airport Group PLC.  Stuart is married with three children.

Jacqueline Tammenoms Bakker

Jacqueline has been a Non-executive Director of Tesco since January 2009.  She was a Director General at the Ministry of Transport in the Netherlands from 2001 to 2007.  Jacqueline became a Non-executive Director of Vivendi in 2010 and is also a Non-executive Director of the Dutch Land Registry and Ordnance Survey and a Member of the Advisory Board of the Rotterdam School of Management.

There is no other information required to be disclosed pursuant to LR 9.6.13R in respect of Mr Bullock or Mr Chambers.

Following these changes to the Board the Non-executive Directors of Tesco plc will be as follows:

David Reid (Chairman)

Patrick Cescau (Senior Independent Director) #*

Gareth Bullock #

Stuart Chambers (Chairman of the Remuneration Committee) 

Karen Cook *

Ken Hanna #*

Ken Hydon (Chairman of the Audit Committee)

Jacqueline Tammenoms Bakker *

# Member of the Audit Committee

* Member of the Remuneration Committee

ENDS

Contacts:

Media Enquiries:       Jonathan Church                   Tel:      [phone]

Investor Enquiries:    Steve Webb                           Tel:      [phone]

 

END

 

 

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