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
Parts of Scotland and northern England will start the day with outbreaks of thundery rain before it slowly clears through the day.
The NSPCC has revealed that it dealt with nearly 19,500 calls and emails from concerned adults in the last year relating to child neglect.
Donald Trump has hit out at the media over its coverage of his reaction to the violence in Charlottesville at a campaign rally in Arizona.