Tesco appoints new group FD
Retail giant Tesco has hired from within by announcing Laurie McIlwee as the new group finance director
Retail giant Tesco has hired from within by announcing Laurie McIlwee as the new group finance director
Laurie McIlwee will take up the position of group finance director of Tesco
immediately.
Sir Terry Leahy, CEO of Tesco, said the appointment of an internal candidate
demonstrates ‘the strong internal talent coming through the business at every
level.’
‘Laurie has a strong track record here and overseas and is highly respected,’
he said in a statement.
McIlwee joined Tesco in December 2000 as UK finance director before assuming
the role of distribution director four years ago.
The appointment ends a seven month search for replacing Andrew Higginson, who
left after more than a decade in the role to head up a new retailing services
arm of the business.
McIlwee previously spent nine years at PepsiCo Inc in a number of roles,
including president of business planning at Frito-Lay International, chief
financial officer of Walkers Snack Foods and finance director of Pepsico Eastern
Europe.
Further Reading:
Ken
Hanna adds Tesco non-exec role to Inchcape chairmanship
The numbers you crunch tell a story. Your expertis...
15yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThis follows an investigation into undisclosed personal loans and issues with an acquisition. Despite challenges, the company aims to achieve £1bn in ...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThere is optimism that the IPO market will rebound in the second half of 2024, driven by pent-up demand and potential improvements in economic conditi...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleKPMG confirms reappointment of it's UK chair, while EY announces Janet Truncale as the next EY global chair and CEO Read More...
View articleThe ICAEW has announced the appointment of its forthcoming chief executive Read More...
View article