John Allan named new chairman of UK supermarket chain Tesco

  • John Allan has been named as the new chairman of UK supermarket chain Tesco.

    Allan is currently chair of Barratt Developments, the housing firm, and deputy chair of Dixons Carphone, the electrical retailer. He will join Tesco on March 1.

    The supermarket group was hit by a damaging accounting scandal last year, and is struggling with decreasing profits and sales.  

    The current chairman Richard Broadbent said Allan’s “wide expertise” and “experience” would “contribute greatly” to Tesco’s future.

    Tagged as: John Allan, chairman, UK supermarket chain, Tesco, Barratt Developments, Dixons Carphone, accounting scandal, business news