Non-executive board changes announced at Tesco

Tesco has announced that Richard Cousins and Mikael Ohlsson will join the board of Tesco on 1 November 2014 as non-executive directors.

Cousins has been group CEO of Compass Group since 2006. He was a non-executive director of Reckitt Benckiser Group from 2009 until May 2014 and of HBOS and Bank of Scotland from 2007 to 2009.

Ohlsson was, until September 2013, CEO and president of the Ikea Group. He is a non-executive director of Volvo Car Corporation, Ikano SA and Lindengruppen.

“I am delighted to welcome Mikael and Richard to the board and know that their broad skills and experience will be a real asset to the company in the coming years,” said chairman Sir Richard Broadbent. “Mikael and Richard have been updated on and are wholly supportive of the steps being taken by the new management team to rebuild trust in Tesco, and to focus all the resources of the business to deliver value to our customers.”