richard broadbent news and archive

Tesco names Dixon Carphone’s executive as new chairman

Supermarket giant Tesco has named Dixons Carphone deputy chairman John Allan as its new chairman, following a four month search to replace Richard Broadbent, who announced that he would step down last October. Allan, who will step down from the boards of Dixons Carphone and Royal Mail, will join Tesco’s board on March 1, the same day as...

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Tesco suspends fifth senior director as its chairman considers resigning

Tesco has suspended its fifth senior director as the retailer tries to regain consumertrust as the company is under investigation from the Financial Conduct Authority for an overestimation of 250 million pounds for its first-year profits. The retailer's commercial director Kevin Grace was asked to step aside on Monday, according to the Financial...