LONDON -(Dow Jones)- Tesco PLC's (TSCO.LN) incoming chief executive Philip Clarke augmented the company's executive committee Thursday with seven new faces ahead of his succession to the top job in March.
Clarke will succeed Terry Leahy as group chief executive on March 1, and he is expanding the size of his executive team as the company splits out its operations by region to reflect the growing size of its international business.
The executive committee runs the company below the PLC board and includes seven board directors, including deputy CEO Tim Mason, U.K. CEO Richard Brasher, Asian CEO David Potts and Chief Financial Officer Laurie McIlwee.
The new additions to the executive committee include Gordon Fryatt, who is responsible for property strategy, Personnel Director Alison Horner, Central and Eastern European head Trevor Masters, and UK Chief Operating Officer Bob Robbins.
Chief Information Officer Mike McNamara, internet head Ken Towle and the recently appointed commercial director for clothing, electronics and general merchandise, Laura Wade-Grey, make up the final places.
Tesco generates around two-thirds of sales and profits from the U.K., where it is the largest supermarket chain, and the remaining third from stores across Asia, Europe and the U.S.
Tesco's expansion overseas has prompted the company to split its operating divisions by geography to better reflect this growth.
Tesco is in the process of recruiting a group commercial director who will also join the executive committee.
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