Lucy Neville-Rolfe confirms retirement from Tesco
Tesco has announced that Dame Lucy Neville-Rolfe, its executive director responsible for corporate and legal affairs, is to retire on her 60th birthday on 2 January 2013.
Neville-Rolfe’s responsibilities will be divided between Adrian Morris, who will join from BP as group general counsel on 3 September and Rebecca Shelley, who joined Tesco from Brunswick on 1 May and will take responsibility for corporate affairs. Both will join the group executive committee chaired by CEO Philip Clarke.
Commenting on Neville-Rolfe’s retirement Clarke said: “During her period at Tesco Lucy has transformed the professionalism of the corporate affairs function at Tesco as well as, on the legal side, leading for the company on 3 major competition enquiries. Lucy has always shown unrelenting determination and great finesse and Tesco is indebted to her for many outstanding achievements, not least for leaving behind her a strong team.
“Our position, both at home and overseas, is undoubtedly much better as a consequence. We will miss her wise counsel when she retires in six months’ time.”
Neville-Rolfe added: “I have had a fascinating career at Tesco and have greatly enjoyed representing our interests around the world and building a great team. The company has grown enormously in size and profits since I joined and I am proud that, with many others, I have contributed to its success.”