McCall resigns from Tesco board

Guardian Media Group boss Carolyn McCall today resigned from her post as non-executive director at Tesco amid a libel row between the supermarket and the Guardian newspaper.

Guardian Media Group boss Carolyn McCall today resigned from her post as non-executive director at Tesco amid a libel row between the supermarket and the Guardian newspaper.

Ms McCall said it would be "inappropriate" to continue in the role after Tesco launched legal action against the Guardian last week.

The retail giant is taking legal action against The Guardian and its editor Alan Rusbridger following a series of articles that claimed the supermarket chain had avoided paying £1bn (€1.25bn) in tax by using an offshore structure for property joint ventures.

Tesco has strongly rejected the claims.

Ms McCall said today: "It is with regret that I have decided to resign from the Tesco board, but given the clear conflict of interest it would be for me to continue in the role."

She was appointed as a non-executive director at Tesco in March 2005.

Ms McCall was named as the Veuve Clicquot Business Woman of the Year at the Berkeley Hotel in London earlier this week.

more courts articles

DUP calls for measures to prevent Northern Ireland from becoming 'magnet' for asylum seekers DUP calls for measures to prevent Northern Ireland from becoming 'magnet' for asylum seekers
UK's Illegal Migration Act should be disapplied in Northern Ireland, judge rules UK's Illegal Migration Act should be disapplied in Northern Ireland, judge rules
Former prisoner given indefinite hospital order for killing Irishman in London Former prisoner given indefinite hospital order for killing Irishman in London

More in this section

Currys' financials Currys shares jump on trading update a month after retailer rejected unwanted takeover offer
Joe Biden Biden increases tariffs on Chinese imports of electric cars and chips
Construction - digger working at building site on sunny day Large investment funds eye office and data centre projects now interest rates are about to turn
IE logo
Devices


UNLIMITED ACCESS TO THE IRISH EXAMINER FOR TEAMS AND ORGANISATIONS
FIND OUT MORE

The Business Hub
Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
ie logo
Puzzles Logo

Play digital puzzles like crosswords, sudoku and a variety of word games including the popular Word Wheel

Lunchtime News
Newsletter

Keep up with the stories of the day with our lunchtime news wrap.

Sign up
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited