LONDON, July 23 Tesco, Britain's biggest
retailer, has removed a photo on its corporate website of Alan
Stewart, its newly appointed chief financial officer (CFO),
after rival Marks & Spencer (M&S) complained he was
technically still its employee.
After M&S was alerted to the picture on Wednesday, it asked
Tesco to remove it from the site, a source with knowledge of the
situation told Reuters.
Stewart quit as M&S CFO on July 10 and is on so-called
gardening leave, unlikely to start work at Tesco before the end
of the year due to a six-month notice period and a non-compete
clause in his contract.
Tesco's website had earlier shown a head and shoulders photo
of "Chief Financial Officer Alan Stewart." There is currently no
photo and Stewart is now described as "incoming Chief Financial
Stewart's picture had sat alongside that of Chief Executive
Philip Clarke, although Tesco said on Monday Clarke was being
ditched as CEO to be replaced by Unilever's Dave Lewis
on Oct. 1.
Both M&S and Tesco declined to comment.
(Reporting by James Davey; Editing by David Holmes)