Tate & Lyle CFO Nawaz to join Tesco
Tate & Lyle
643.00p
09:44 24/04/24
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
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09:55 24/04/24
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."