Advertisement
UK markets open in 5 hours 50 minutes
  • NIKKEI 225

    37,613.86
    -14.62 (-0.04%)
     
  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     
  • CRUDE OIL

    83.85
    +0.28 (+0.34%)
     
  • GOLD FUTURES

    2,340.80
    -1.70 (-0.07%)
     
  • DOW

    38,085.80
    -375.12 (-0.98%)
     
  • Bitcoin GBP

    51,239.84
    -378.04 (-0.73%)
     
  • CMC Crypto 200

    1,388.18
    +5.60 (+0.41%)
     
  • NASDAQ Composite

    15,611.76
    -100.99 (-0.64%)
     
  • UK FTSE All Share

    4,387.94
    +13.88 (+0.32%)
     

Tesco says Alan Stewart to start CFO job Dec. 1

LONDON, July 28 (Reuters) - Tesco (Xetra: 852647 - news) 's new chief financial officer, Alan Stewart, will start work at Britain's biggest retailer on Dec. 1, the firm said on Monday.

Stewart quit as Marks & Spencer (Other OTC: MAKSF - news) 's CFO on July 10 to join Tesco but a six-month notice period and the triggering of a non-compete clause in his contract meant a period of so-called "garden leave" before he could start his new job.

Separately, M&S confirmed that Carl Dawson will join the business from Tesco as IT director on Sept. 1.

(Reporting by James Davey; editing by Neil Maidment)