As an investigation begins into a profits overstatement, Robin Terrell, Head of Online operations, will head the Tesco UK business in place of Chris Bush, UK Managing Director who has been suspended pending further investigations.

  • The retailer has not named the suspended executives but they are thought to be UK Finance Director, Carl Rogberg, UK Food Commercial Director, John Scouler, and Food Sourcing Director, Matt Simister along with Chris Bush.
    • It is also said that Head of Clothing, Jason Tarry, has taken over Scouler’s responsibilities.
  • Terrell is expected to remain on the post till next interim results, which will now be released on 23 October 2014.