Tesco moves its U.K. COO Bob Robbins to new role alongside CEO Philip Clarke to work on initiatives to 'leverage the skill and scale of Tesco'; company recently issued first profit warning in more than 20 years amid prolonged struggle in U.K. market
February 1, 2012
– Tesco PLC has moved Bob Robbins, its U.K. COO, to work alongside CEO Philip Clarke on new initiatives, Dow Jones Newswires reported Feb. 1, citing an internal company announcement.
Robbins will be replaced by Chris Bush, Tesco's Thailand CEO.
The internal memo said Robbins would work on initiatives "which will leverage the skill and scale of Tesco and allow even greater investments to be made for customers."
Tesco recently issued its first profit warning in more than two decades amid a U.K. sales slump.
The primary source of this article is Dow Jones Newswires, New York, New York, on Feb. 1, 2012.