Tesco's UK boss Matthew Barnes steps down after 15 months
- Matthew Barnes stepped down as Tesco UK CEO after 15 months, leaving on 30 June 2025.
- Barnes decided to leave to pursue other opportunities, having joined Tesco in March 2024 to succeed Jason Tarry.
- Ashwin Prasad, Tesco's current chief commercial officer since 2020, will replace Barnes as UK CEO, effective 30 June.
- Tesco Group CEO Ken Murphy praised Barnes' operational improvements and described Prasad as "an exceptional leader" with a strong customer focus.
- The leadership changes form part of a broader reshuffle including Natasha Adams' appointment as chief strategy and transformation officer, signaling continued strategic progress.
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Tesco’s UK CEO Matthew Barnes Steps Down After Just Over a Year
Tesco Plc’s chief executive officer for the UK Matthew Barnes stepped down after just over a year in the role, a surprise move by an executive once seen as a potential successor to lead Britain’s biggest grocer.
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