Tesco plc Annual Report and Financial Statements 2012

Board of Directors
Our Board currently comprises the
Chairman, Sir Richard Broadbent, five
Executive Directors and eight independent
Non-executive Directors. Biographies for
each of our Directors and our Company
Secretary are set out below.
1. Sir Richard Broadbent – 58
Non-executive Chairman
Sir Richard Broadbent joined the Board of Tesco PLC on 2 July 2011
and was appointed Chairman on 30 November 2011. He started his
career at HM Treasury before joining Schroders in 1986. In 2000, Sir
Richard was appointed Executive Chairman of HM Customs and Excise.
He also joined the Management Board of the UK Civil Service, serving
in both roles until 2003. In 2003 he was appointed to the Board of
Barclays plc, becoming Senior Independent Director in September
2004 and Deputy Chairman in 2010. He stepped down from the Board
of Barclays on 30 September 2011. Sir Richard joined the Board of
Arriva plc in July 2004 and served as Chairman from November 2004
until 2010. He is also a trustee of the charity Relate.
2. Philip Clarke – 51
Group Chief Executive
Philip Clarke was appointed to the Board on 16 November 1998. Prior
to his appointment as CEO in March 2011 he was Asia, Europe & IT
Director. Philip began his career with Tesco in store during 1974 and
continued to work part-time through school and university. After
graduating with a degree in Economic History, he joined the Tesco
Management Training Programme and then spent nine years in store
management before holding a number of roles in commercial and
marketing. In 1994 he was appointed Stores Director and a year later
promoted to Regional Managing Director, before joining the Tesco PLC
Board as Supply Chain Director and a year later adding Information
Technology to his responsibilities.
Committee membership (from 26 February 2012)
= Nominations Committee
= Audit Committee
= Remuneration Committee
= CR Committee
3. Tim Mason – 54
Deputy Group CEO and CMO and CEO Fresh & Easy
Tim Mason has been President and Chief Executive Officer, Fresh &
Easy Neighborhood Market since January 2006 and became Deputy
Group CEO and Chief Marketing Officer in March 2011. He was
appointed to the Board on 16 February 1995. He joined Tesco in 1982.
4. Andrew Higginson – 54
CEO – Retail Services
Andrew Higginson was appointed to the Board on 17 November 1997.
Prior to his appointment as Chief Executive of Retail Services in July
2008 he was Group Finance and Strategy Director. He was Chairman
of Tesco Bank until 26 February 2012 and will retire from Tesco PLC
on 1 September 2012. He is a Non-executive Director of BSkyB plc.
5. Laurie McIlwee – 49
Chief Financial Officer
Laurie McIlwee was appointed to the Board on 27 January 2009 as
Chief Financial Officer. He began his career with Tesco in 2000 as UK
Finance Director and after four years, became Distribution Director.
Prior to Tesco, Laurie worked for Pepsico in a variety of Finance and
General Management roles in the UK, USA, Central Europe and
the Middle East. Laurie is a Fellow of the Chartered Institute of
Management Accountants and a member of The Hundred Group
of Finance Directors.
6. Lucy Neville-Rolfe, CMG – 59
Executive Director (Corporate and Legal Affairs)
Lucy Neville-Rolfe was appointed to the Board on 14 December 2006.
She joined Tesco in 1997 from the Cabinet Office. She is Deputy Chair of
the British Retail Consortium, a Non-executive Director of ITV plc and of
the Carbon Trust. She is also a member of the London Business School’s
Governing Body, the China Britain Business Council, the UK India
Business Council and the Corporate Leaders Group on Climate Change.
7. Patrick Cescau – 63
Senior Independent Director
Patrick Cescau was appointed a Non-executive Director on 1 February
2009 and became Senior Independent Director in July 2010. He was
Group Chief Executive of Unilever from 2005 to 1 January 2009, and
prior to this he was Chairman of Unilever plc and Vice Chairman of
Unilever NV. He has also been a Non-executive Director of Pearson plc
since 2002, becoming Senior Independent Director in April 2010, and
IAG (International Airlines Group) since September 2010. Patrick was
appointed a Chevalier de la Légion d’honneur in 2005. In June 2009,
Patrick joined the Board of INSEAD.
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38 Tesco PLC Annual Report and Financial Statements 2012