Tesco’s UK Chief Operating Officer, Tony Hoggett, will become Tesco Asia’s new CEO on April 1, with Group Food Sourcing Director Matt Simister becoming Central Europe CEO on the same date.
The current CEO of Tesco International, Trevor Masters, will leave the business at the end of May, following 38 years with the company.
Following the completion of the sale of its Turkish business, Tesco will be giving greater focus to the two parts of its international business. This includes creating the two new roles leading Asia and Central Europe on Tesco’s Executive Committee.
“Tony and Matt’s work has been at the heart of Tesco’s turnaround over the last two years and I’m delighted that they will join our Executive Committee,” Tesco Group CEO Dave Lewis said. “Their new roles will allow us to focus on the different opportunities presented in Asia and central Europe and I’m looking forward to working even more closely with them both.”