Former Tesco chief executive Sir Dave Lewis has been hired by US-based private equity firm Clayton, Dubilier & Rice (CD&R) in an advisory role.
CD&R said that Lewis, who spent almost three decades with FMCG giant Unilever before taking the top job at Tesco, will help it source and execute deals, as well as support its portfolio of companies across Europe, according to the Financial Times.
Lewis joins CD&R’s team of advisers, which includes another former Tesco boss, Sir Terry Leahy. Leahy, who joined CD&R in 2011 and chairs Morrisons, ran the UK’s largest grocer from 1997 to 2011.
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