BAVIS_1170x120_1-20

Tesco

Tesco boss to step down next year, Ken Murphy to take on role

Tesco boss to step down next year, Ken Murphy to take on role

LONDON — Tesco chief executive officer Dave Lewis announced Wednesday that he will step down next summer after declaring the company’s turnaround complete. Celebrating its 100th anniversary, Tesco is five years into a recovery plan launched by Lewis after an accounting scandal capped a dramatic downturn in trading. Successor Ken Murphy, a former executive at