Tesco chairman pledges to diversify all-white board of directors

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Tesco board diversity

The chairman of Tesco has made a pledge to make its board of directors more ethnically diverse.

The Big 4 retailer currently has 14-member board of directors and 12-member executive committee – both of which made up of all-white members.

Its board of directors also only has three women.

However, chairman John Allan said that diversity was strong among Tesco’s 310,000-strong staff members.

“[Tesco is] in very good shape in terms of diversity as far as our customer base, our colleagues, many layers of management are concerned,” he told shareholders at the retailer’s AGM on Friday.

“We aren’t there as fully as we need to be at the moment on the board.”

The comments were in response to an investor question.

Allan added he was “on the case” and wanted to find board member candidates that would reflect Tesco’s commitment to ethnic diversity.

“I’ll be very disappointed if by next year’s AGM we haven’t cracked that,” he said.

Tesco’s AGM was held on the same day that it unveiled its 10th consecutive quarter of growth.

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