Charles Wilson to retire as Booker chief in February
RETAIL veteran Charles Wilson, who runs Tesco’s cash-and-carry business Booker and had been tipped for the top job at the supermarket, is to step down in February.
Mr Wilson is in remission from throat cancer and said: “It is time to take things a little easier.”
Tesco is facing the imminent exit of Dave Lewis, its chief executive, after six years at the helm, and finance chief Alan Stewart, who announced in June he would retire next April.
Mr Lewis said Mr Wilson’s reputation was unparalleled in the sector. He helped orchestrate Tesco’s takeover of Booker two years ago, having led the business for 15 years, during which time it became the UK’s largest wholesaler. “While we are very sad to see him retire, we completely understand and wish Charles and his family all the very best for the future,” Mr Lewis said.
Richard Hyman, an independent retail analyst, agreed that Mr Wilson was one of the few outstanding retailers of the past few generations.
Charles Wilson, the outgoing boss of Booker, left, with Tesco chief executive Dave Lewis