Dive Brief:
- Byron Grote is leaving his position as one of four non-executive directors at Unilever to take the same position at Tesco Plc.
- A similar shakeup in Tesco leadership happened last year, when now-CEO Dave Lewis left his position at Unilever as well.
- Grote was the CFO of BP Plc until 2013, and he has been a non-executive director at Unilever since 2006.
Dive Insight:
Grote is the latest appointment in what has been a slew of changes made to the Tesco board. The company doesn't specifically say why, but it's safe to say that it could be from Tesco's fraud probe, through which Unilever has actually defended Tesco, or the investigation of its relationships with its suppliers.