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\/\/<\/span> Tesco chair John Allan is set to step down from his role at the supermarket giant<\/h6>\n\/\/ <\/span>Allan is accused of acting in an inappropriate and unprofessional manner from four female employees<\/h6>\nTesco\u2019s John Allan will be stepping down from his role as chair of the board and a director of the business, <\/span>as allegations of misconduct \u201crisk becoming a distraction\u201d to the supermarket.<\/span><\/p>\nThe news comes a week after Allan was accused of acting in an inappropriate and unprofessional manner by four female employees.<\/p>\n
Three of these allegations are vigorously denied by Allan, for the other he has \u201cunreservedly apologised for the comment he made\u201d.<\/span><\/p>\nHe was appointed in 2015, and his tenure as Chair was due to end shortly.<\/p>\n
Subscribe to Retail Gazette for free<\/strong><\/h5>\nSign up\u00a0here\u00a0to g<\/span>et the latest news straight into your inbox each morning<\/span><\/p>\nTesco said a succession planning process \u201chad already been initiated over recent months and is expected to conclude in the near future\u201d.\u00a0<\/span><\/p>\nTesco non-executive director Byron Grote said:\u00a0<\/span><\/span>\u201cJohn has made a valuable contribution to Tesco during his 8 years as Chair. He has successfully led the Board through the turnaround and Covid whilst helping to rebuild the business. <\/span><\/p>\n\u201cWhile we have received no complaints about John\u2019s conduct and made no findings of wrongdoing, these allegations risk becoming a distraction to Tesco. On behalf of the Board, I thank him for his substantial contribution to the business. We are well advanced in our search for a new Chair and will make an announcement in due course.\u201d\u00a0<\/span><\/span><\/p>\nClick here to sign up to Retail Gazette\u2018s free daily email newsletter<\/strong><\/em><\/p>\n<\/p><\/div>\n
Tesco\u2019s John Allan will be stepping down from his role as chair of the board and a director of the business, <\/span>as allegations of misconduct \u201crisk becoming a distraction\u201d to the supermarket.<\/span><\/p>\n The news comes a week after Allan was accused of acting in an inappropriate and unprofessional manner by four female employees.<\/p>\n Three of these allegations are vigorously denied by Allan, for the other he has \u201cunreservedly apologised for the comment he made\u201d.<\/span><\/p>\n He was appointed in 2015, and his tenure as Chair was due to end shortly.<\/p>\n Sign up\u00a0here\u00a0to g<\/span>et the latest news straight into your inbox each morning<\/span><\/p>\n Tesco said a succession planning process \u201chad already been initiated over recent months and is expected to conclude in the near future\u201d.\u00a0<\/span><\/p>\n Tesco non-executive director Byron Grote said:\u00a0<\/span><\/span>\u201cJohn has made a valuable contribution to Tesco during his 8 years as Chair. He has successfully led the Board through the turnaround and Covid whilst helping to rebuild the business. <\/span><\/p>\n \u201cWhile we have received no complaints about John\u2019s conduct and made no findings of wrongdoing, these allegations risk becoming a distraction to Tesco. On behalf of the Board, I thank him for his substantial contribution to the business. We are well advanced in our search for a new Chair and will make an announcement in due course.\u201d\u00a0<\/span><\/span><\/p>\n Click here to sign up to Retail Gazette\u2018s free daily email newsletter<\/strong><\/em><\/p>\n<\/p><\/div>\nSubscribe to Retail Gazette for free<\/strong><\/h5>\n