REG - Tesco PLC - Changes to Board and Committee Composition

TescoAnnouncement

19/12/2024 09:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241219:nRSS6514Qa&default-theme=true

RNS Number : 6514Q  Tesco PLC  19 December 2024

19 December 2024

 

Tesco PLC

 

CHANGES TO BOARD AND COMMITTEE COMPOSITION

 

Tesco PLC is pleased to announce that Chris Kennedy will be joining the Board
as a Non-executive Director with effect from 20 February 2025. Chris will also
be appointed as a member of the Audit Committee and Nominations and Governance
Committee.

 

To comply with provision 15 of the UK Corporate Governance Code 2024, Chris
will step down from Whitbread plc at the conclusion of the 2025 AGM to ensure
he has sufficient capacity to meet the needs of Tesco.

 

Gerry Murphy, Chair, commented:

 

"I am delighted to welcome Chris to the Board as a Non-executive Director. As
a seasoned business leader with extensive experience across the media and
hospitality sectors, Chris brings a wealth of knowledge in financial
management, strategic planning, and corporate governance and will be a real
asset to the Board."

There are no additional matters that would require disclosure under UKLR 6.4.6
R to UKLR 6.4.8 R in respect of Chris Kennedy.

Contacts:

 

 Investor relations  Chris Griffith       +44 (0) 1707 940 900
 Media               Christine Heffernan  +44 (0) 330 6780 639

 

LEI Number: 2138002P5RNKC5W2JZ46

Notes:

Chris is currently the Chief Financial Officer and Chief Operating Officer of
ITV plc, a non-executive director of Whitbread plc and a trustee of the EMI
Archive Trust.

At ITV plc Chris plays a pivotal role in driving the company's financial
strategy and operational efficiency. He has held several senior roles at EMI,
including Chief Financial Officer and Chief Investment Officer. Chris also
served as Group Finance Director at Micro Focus International plc, ARM
Holdings plc and easyJet plc and was voted FTSE 100 CFO of the year in 2015.

In addition to his corporate roles Chris has also served as a non-executive
director of Great Ormond St Hospital Foundation Trust. He is a member of the
Institute of Chartered Accountants of England and Wales and holds an MA in
Engineering from Cambridge University.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAUWABRSSUUAAA