Tesco UK chief exec steps down after 33 years

Tesco UK chief executive Jason Tarry is stepping down from his role after 33 years at the supermarket.

Tarry is succeed by former Aldi UK & Ireland chief exec Matthew Barnes, who will take over from 1 March next year.

Barnes also previously held the role of co-head of Aldi Sud’s executive board, where he was responsible for several of the company’s international businesses and its global sourcing, buying and supply chain.

Tesco praised the outgoing chief executive for his role in guiding the company through its turnaround and the pandemic, whilst "rebuilding competitiveness" in the UK.

“Jason has made an immense contribution to our business," said Tesco Group chief executive Ken Murphy. "Under his leadership, Tesco today is the most competitive we have ever been, built on exceptionally strong foundations of doing the right thing for our customers and colleagues."

Tarry described his experience at the UK's largest supermarket as "wonderful".

"This decision was not made easily but this is the right time for me to move on," he said. "I am grateful to my amazing colleagues and the lifelong friends I have made here.

"I will continue to give my all to being UK CEO until March, and my determination that we give our customers the best Christmas is heightened knowing that this will be my last as a Tesco colleague.”

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