According to Sky News, Dr Murphy, current chairman of Burberry and Tate & Lyle, is set to replace John Allan as the chairman of Tesco. The official announcement of his appointment is expected in the coming days.
Tesco has not provided any comment on Dr Murphy’s appointment, and Reuters has not received a response from Tate & Lyle.
Dr Murphy has an extensive background, having previously served in various leadership roles including chairman of Blackstone’s main European entity. He has also been a non-executive director at companies like British American Tobacco and Merlin Entertainments.
Dr Murphy’s educational achievements include a BSc in Food Science and Technology from University College Cork, a PhD in Food Science and Technology from the same institution, and an MBS in Marketing from University College Dublin.
In a recent event, Dr Murphy expressed his criticism of the UK government’s handling of certain policies relating to the Brexit vote and the impact on the retail industry.
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Tesco announced the resignation of John Allan in May due to claims of inappropriate behavior. During the transition period, Byron Grote, senior independent director, will serve as the interim chair.
In addition to stepping down as chairman of Tesco, John Allan also resigned from his position at Barratt Developments.
The resignation follows allegations of inappropriate behavior made by four women against John Allan. He maintains his innocence.
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