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• The BBC reports that Tesco has reinstated Matt Simister as group food sourcing director. Simister had been suspended while the retailer conducted an internal investigation into profit and cost misstatements, but Tesco CEO Dave Lewis said in an email that Simister had been cleared of all culpability.

Lewis said, "During our work it became clear that Matt, in fact, worked tirelessly to resolve the issues we faced. Matt is one of our most capable leaders, and I am confident his leadership will support our agenda in commercial going forward. Finally, Matt's conduct and contribution during our investigation was exemplary and I'd like to personally thank him for that."

Meanwhile Tesco also announced management changes. The BBC writes that "Jill Easterbrook, who had been chief customer officer, will now lead the business transformation programme. Robin Terrell, the former multichannel director who was acting head of UK, is now head of customer, while clothing boss Jason Tarry has been appointed as the head of commercial for the UK and the group."
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