Dan Jago, who was suspended from the Tesco board in October of 2014, is to come back to the company.
He was one of nine executives whose sevices to the UK's biggest retailer were frozen in the wake of its £250 million profit overstatement. Upon his return, he will fill the new position of category director of group wine.
A Tesco statement read: "We can confirm Dan Jago will be returning to the business. We asked Dan to step aside to facilitate our recent investigation into commercial income recognition. We have now concluded the investigation and as a result, Dan will be returning to work in March. We'd like to thank Dan for his professionalism and co-operation throughout this process."
© 2015 European Supermarket Magazine – your source for the latest retail news. Article written by Peter Donnelly.
