Per Bank appointed UK commercial director for TESCO non-food

7 Feb 2011

First non-British executive to attend Tesco Executive Committee

First non-British executive to attend Tesco Executive Committee

CHESHUNT – Per Bank has been appointed Commercial Director for Tesco’s UK Clothing, Electricals and General Merchandise with effect from 1 March 2011. Per, who is currently CEO of Tesco Hungary, will also attend the Tesco Executive Committee, the first non-British executive to do so.

Per joined Tesco in April 2009 from Coop Denmark, where he was CEO and was also responsible for Europe-wide sourcing for much of the wider Coop Group. Over the past two years he has led Tesco Hungary to growth, transforming the clothing offer and other aspects of non-food in the process. Per is also a Non-Executive Director of IC Company A/S, a leading Nordic fashion retailer.

Philip Clarke, who will become Tesco Group CEO on 1 March, said:

“I am delighted that we have the opportunity to appoint Per to this pivotal role. His flair and extensive experience in this area will be invaluable in the exciting times to come.”

In a related move, Laura Wade-Gery, who had previously been expected to take on non-food, will leave Tesco. “I am grateful to Laura for the contribution she has made to the success of Tesco and wish her well for the future,” Philip Clarke said.


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