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Tesco Expands Corporate Finance Team, Looks For Corporate Development Head

January 26, 2015: 12:00 AM EST
Tesco is expanding its in-house corporate finance department, as part of the retailer's efforts to improve management of its assets. This move includes searching for a leader of corporate development for the team the company expects to perform tasks related to corporate finance, including investment opportunities, portfolio reviews, spinoffs, and mergers and acquisitions activities. According to Tesco, the proposed team will report to CEO Dave Lewis, finance director Alan Stewart, and group strategy director Benny Higgins.
Andrea Felsted, "Tesco to beef up corporate finance department", Financial Times, January 26, 2015, © The Financial Times Limited
United Kingdom
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