Tesco has announced that its chief executive Dave Lewis is stepping down after five years in the role.
Lewis said the decision was a “personal one”, and Tesco chairman John Allan said he had accepted the resignation with “regret”.
Dave Lewis
Lewis is considered the person who saved Tesco.
He will be replaced next year by Ken Murphy, who has held senior positions at the owner of chemist chain Boots.
The departure was announced as Tesco reported a 6.7% rise in first-half profits to £494m.
Via BBC/Tesco
