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Sean Farrell Sharecast News
07 Oct, 2020 07:46 07 Oct, 2020 07:46

Tate & Lyle CFO Nawaz to join Tesco

Tate & Lyle

673.00p

16:39 20/12/24
-1.46%
-10.00p

Tate & Lyle's Chief Financial Officer Imran Nawaz has resigned from the company to become CFO of Tesco after little more than two years at the food and drinks ingredients company

Food & Drug Retailers

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17:14 20/12/24
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-16.90

Food Producers & Processors

7,656.11

17:14 20/12/24
-0.17%
-12.88

FTSE 100

8,084.61

17:04 20/12/24
n/a
n/a

FTSE 250

20,450.69

17:14 20/12/24
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FTSE 350

4,463.29

17:14 20/12/24
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FTSE All-Share

4,421.11

17:04 20/12/24
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Tesco

366.40p

16:40 20/12/24
-0.57%
-2.10p

Nawaz will stay at Tate & Lyle until April 2021 to finish the current financial year and support an orderly transition, the FTSE 250 company said. Tate & Lyle said it had started looking for a replacement.

He joined Tate & Lyle in August 2018 from Mondelez after a 16-year stint at Mondelez and Kraft Foods. His move will put him in one of the top jobs in UK retail.

Nick Hampton, Tate & Lyle's chief executive, said: "Imran has been an outstanding finance leader and has played an instrumental role in building the financial discipline to enable us to deliver on our strategy."

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