Stock: Tesco (TSCO)
Top Management and Board of Directors
Top Management [Six top executives with tenure > 7 yrs]
Board Of Directors
Board Of Directors [Nine directors with tenure < 3 yrs]
Profiles of Top ManagementRobert Welch
Robert Welch was appointed as Group Company Secretary on 10 August 2016.
Robert has worked as a company secretary for over 25 years during which time he has held the positions of Group Company Secretary at FirstGroup plc and Company Secretary at Kazakhmys PLC. Robert has also held positions at BPB plc and Kwik Save Group PLC.
Creation of shareholder value in Tesco:
Date of appointment: August 10, 2016
In the last 5 years the average annualized return to shareholders was 23.5%. The present value of GBP1,000 (PV1000) invested 5 years ago is now GBP2,874, a gain of GBP744 and dividend reinvested of GBP1,130.
Profiles of Board of DirectorsByron Grote
Independent Non-Executive Director
He is also currently a Non-executive Director on the Boards of Anglo American, Akzo Nobel NV and Standard Chartered and was previously a Non-executive Director of Unilever. Byron served as an Executive Director at BP from 2000 until 2013. He was the Chief Financial Officer at BP from 2002 until 2011, following two years as Chief Executive of BP Chemicals.
Alison Platt is the Chief Executive of Countrywide plc, the UK's largest property services group, and has a wealth of relevant experience of the property sector and customer service delivery. She also has significant business to business and international commercial experience. Alison was previously Managing Director at Bupa, responsible for International Development Markets, and has held a range of senior posts including Chief Operating Officer of the UK private hospitals business at Bupa and a number of senior positions in British Airways. She is a non-executive director of Cable & Wireless Communications plc, and was previously chair of 'Opportunity Now', which seeks to accelerate change for women in the workplace. Alison was also a non-executive director of the Foreign & Commonwealth Office between 2005 and 2010.