Retail in Asia

In People

Tesco Asia CEO David Potts steps down

UK supermarket giant Tesco on Tuesday said Asia CEO David Potts will retire on 30 June 2012 after serving the company for 30 years.

Potts will be replaced by Trevor Masters, who currently leads the retailer’s business in Europe.  Masters is succeeded by Gordon Fryett who, alongside his existing Group Property accountabilities, is appointed CEO, Europe.