Tesco UK CEO steps down after only a year in leadership reshuffle

Tesco UK chief executive Matthew Barnes has stepped down from his post after more than a year to pursue other opportunities.
Barnes, who joined the grocery giant in March 2024, will be succeeded by chief commercial officer Ashwin Prasad, effective 30 June.
Tesco said Barnes “leaves a legacy of operational improvements which have simplified and strengthened our business”.
Prasad’s current post will be filled by the retailer’s Ireland and Northern Ireland CEO Natasha Adams,