UK Prime Minister appoints former Tesco CEO Lewis to tackle supply chain issues

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Dave Lewis, CEO of Tesco, speaks at the British Chamber of Commerce Annual Conference in London, Britain March 28, 2019. REUTERS / Peter Nicholls

LONDON, October 8 (Reuters) – British Prime Minister Boris Johnson has recruited former Tesco (TSCO.L) boss Dave Lewis as an adviser, tasked with solving the country’s supply chain issues that have plagued the economy.

A post-Brexit worker shortage, exacerbated by global tensions over the COVID crisis, has wreaked havoc on UK supply chains for everything from fuel and pork to poultry and bottled water, threatening recovery from the pandemic.

The government has said Lewis will advise both Johnson and Cabinet Office Minister Stephen Barclay on both immediate improvements and any needed long-term changes to UK supply chains for goods, and will work with them. government officials to quickly resolve acute short-term problems.

“This includes both identifying the causes of current bottlenecks and anticipating potential future bottlenecks, as well as advising on resolutions either through direct government action or through industry. with the support of the government, “the prime minister’s office said in a statement.

Tesco, Britain’s largest retailer, was on its knees shortly after former Unilever (ULVR.L) executive Lewis arrived in 2014, when an accounting scandal caused millions of pounds to fall in profits and billions of its stock price.

He left in October last year, after declaring Tesco’s turnaround complete, with its clear leadership position among UK supermarket groups being further strengthened.

Lewis has been appointed until the end of the year and will start on Monday.

Reporting by Sarah Young and James Davey; Editing by Kate Holton

Our Standards: The Thomson Reuters Trust Principles.


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