Tesco chief executive Philip Clarke is to step down in October, it was announced today.
Tesco announced that Dave Lewis is to join the Tesco board from October 1st as chief executive officer in succession to Philip Clarke.
Mr Lewis will receive a basic salary of £1.25 million along with standard benefits.
He will receive a sum of £525,000 in lieu of his current cash bonus from Unilever, where he worked in a variety of roles for almost 28 years.
More top news
Cyprus Police said two people are facing charges of premeditated murder.
The figure is up from £42.3 million in 2014/15 and £56.9 million 2015/16, according to the research.
A study by Which? looked at the work done by councils across the country.