CHESHUNT, England — Tesco said last week that Sir Terry Leahy, who has led the retail giant for the past 14 years, has decided to retire as chief executive officer in March 2011 at the age of 55. He will be succeeded by Philip Clarke, 50, a longtime Tesco veteran who most recently has been leading the company's international operations in Europe and Asia as well as group IT. “When I became CEO I had a plan to build Tesco around its customers, to make it No. 1 in the U.K. and to find new ...
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