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Tesco Dismisses UK Executives Involved In Accounting Misstatement

November 27, 2014: 12:00 AM EST
Tesco terminated the employment of three executives who were involved in the retailer's accounting scandal first reported in October 2014. The retailer declined to comment on the departures of group commercial director Kevin Grace, UK finance director Carl Rogberg, and UK food commercial director John Scouler. According to the company, these developments will allow Tesco chief executive Dave Lewis to implement significant reorganization of its UK management.
Andrea Felsted and Caroline Binham, "Tesco parts company with three executives", Financial Times, November 27, 2014, © The Financial Times Limited
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