Tesco Tesco names Booker boss as new UK chief as it raises profit forecast Charles Wilson to take role once £3.7bn takeover of wholesaler is completed next month Tesco’s £3.7bn takeover of the wholesaler Booker is expected to complete next month. Photograph: Rui Vieira/PACharles Wilson, the chief executive of Booker, is to run Tesco’s core UK and Ireland retail operations following Tesco’s £3.7bn takeover of the wholesaler next month. The highly regarded Booker boss will replace Matt Davies, the chief executive of Tesco’s UK and Irish business, who is leaving the group at the end of April if the deal goes ahead. Facebook Twitter Pinterest Booker chief executive Charles Wilson and Tesco chief executive Dave Lewis after the announcement of the £3.7bn takeover. Some major Tesco shareholders – Schroders and Artisan Partners – have also voiced opposition to the acquisition, urging Lewis to focus on the supermarket group’s turnaround instead.

Source: The Guardian February 05, 2018 10:06 UTC