| < Company Profiles / Food & Supermarkets / Tesco Stores Plc. |
19.11.01
|
|
Tesco Stores Plc.
Who, where, how much? Head office: Tesco House Delamare Rd Cheshunt Hertfordshire EN8 9SL 01992 632222 Company Structure/Ownership Tesco PLC is a publicly owned company. Share Value See: www.tesco.com/corporateinfo Major shareholders Merrill Lynch Investment Managers Schroder Investment Management Limited M and G Investment Management Limited Barclays Global Investors Axa Investment Managers Legal and General Scottish Widows Morley Fund Management Standard Life Investors Scudder Theadneedle [17] Annual Turnover In 2001, turnover excluding VAT was £20 988 000 000 [18] Board of Directors [19] John Gardiner, Non Executive chair Appointed Non Executive director in 1997 and chair in 1998. Also Non Executive director of The Economist. Salary [20]: £300,000 Terry Leahy, Chief Executive Appointed 1997 Salary: £771,000 David Reid, Deputy Chairman Appointed 1996. Responsible for international development. Non Executive Director of De Vere Group Plc. Salary: £613,000 Rowley Ager, Company Secretary appointed 1996 Non Executive Director of Oasis Stores Plc. Salary: £398,000 Philip Clark, Logistics and IT Director Appointed 1998 Salary: £339,000 John Gildersleeve, Commercial and Training Director Non Executive Director of Gallaher Group Plc and Carphone Warehouse Group Plc Salary: £532,000 Andrew Higginson, Finance Director Member of the 100 Group of Financial Directors Salary: £422,000 Tim Mason, Marketing and E-commerce Director Appointed 1995; Non Executive Director of Capital Radio Plc. Salary: £422,000 David Potts, Retail Director Worked in Ireland 1997 – 2000 before returning to take up current position Salary: £349,000 Charles Allen, Non Executive Director Appointed 1999, also Chairman of Granada Group Plc Salary: £42,000 Dr Harold Einsmann, Non Executive Director Appointed 1999. Non Executive Director of EMI Group Plc, on board of Stora Enso Oyj (part of the Wallenberg Group), Director of British American Tobacco Plc (So he can be relied on to sell us healthy products then…), Operating Partner in EQT, a private equity group in Sweden. Salary: £30,000 John Melbourn, Non Executive Director Appointed 1996. Director of Gulf International Bank (UK) Ltd. Salary: £42,000 Veronique Morali, Non Executive Director Appointed 2000. Chief Operating Officer and Director of Firnalac SA Salary: £ 14,000 Graham Pimlott, Non Executive Director Appointed 1993. Deputy Chair of Hammerson Plc. Salary: £55,000 Advisers Stockbrokers: Deutsche Bank A + G London Morgan Stanley + Co International Auditors: PriceWaterhouseCooper Registrar: Lloyds TSB Registrars The Causeway, Worthing, West Sussex BN 99 6DA 01903 502541 [21] Subsidiaries Tesco has many subsidiaries, which are generally recognisable as having 'Tesco' in their name and being based in Cheshunt. However, readers should be aware of Tesco Corporation, which is an energy and oil company and is not related to Tesco PLC.
|
|||||||||
| Footnotes [17]www.tesco.com/corporateinfo [18] http://62.169.137.181/tesco/investor/presen/an2001/sum_fin.htm [19] From: www.tesco.com/corporateinfo unless otherwise stated [20] Tesco Annual Report and Review 2001 [21] www.tesco.com/corporateinfo |