By Anthony O. Goriainoff
Tesco said Saturday that Gerry Murphy has been appointed chairman and will join the board on Sept. 1, and that interim chairman Byron Grote will step down and revert back to his previous position as senior independent director.
The U.K. retailer said Murphy is currently chairman of Tate & Lyle, a position he will step down from. He is also chairman of Burberry Group.
The company said Murphy recently served as chief executive officer at Kingfisher, and was previously CEO at Carlton Communication, Exel, and Greencore Group.
Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com
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