Tesco's Fresh & Easy boss awarded 'liquidation damages'
date:May 28, 2013
The former boss of Tesco's failed US chain Fresh Easy has received a 1.7m payoff despite the business being shut down after repeated losses.

Tim Mason, who departed in December after 30 years at the group, was awarded liquidation damages equivalent to his annual salary plus a sum equal to his average bonus over the past two years.

Tesco announced last month it would exit the US after racking up total costs of 1.5bn. Fresh Easy opened in 2007 but never made a profit.

Tesco's checkout staff,
1/4 next page prev page home page last page
go back |  refresh |  WAP home |  Web page version  | login
07/19 03:32