Byron Grote is following the Dave Lewis route and swapping Unilever for Tesco.
Grote (pictured), the former chief financial officer of BP, will join the board of Tesco as a non-executive director on 1 May, the England-based grocer said today.
He was one of four non-executive directors that Unilever said Tuesday won’t run for re-election at its next annual general meeting.
Grote knows Tesco Chief Executive Officer Lewis from the eight years they shared at Unilever.
Lewis, who headed Unilever’s personal-care unit, left last year to take on the challenge of reviving the embattled supermarket company.
Grote, 66, became a non-executive director of Unilever in 2006 when he was CFO of BP. He left the oil company in 2013.
“He will bring extensive executive and non-executive financial and strategic experience to the board,” Tesco said in the statement, also announcing that Gareth Bullock will retire as a non-executive director of the supermarket company.
News by Bloomberg, edited ESM
