Board hold unusually low numbers of shares in company and CEO Dave Lewis has yet to invest any of his own moneyThe entire board of Tesco has bought less than £350000 of shares in the supermarket chain,and chief executive Dave Lewis has yet to buy any, despite being in charge for a year.
The lack of share purchases by Lewis and Alan Stewart, or the finance director,has raised eyebrows among corporate governance pressure groups and shows that the Tesco executives gain not been willing to back their turnaround plan by putting their own money into the retailer.
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Source: theguardian.com