The pharmaceutical firm GlaxoSmithKline has hired the former Tesco boss Sir Dave Lewis to chair the consumer healthcare business that it plans to spin off next year.
GSK told investors on Monday morning that Lewis, who left Tesco in September last year, would be appointed as non-executive chair designate from 1 January.
The group’s consumer healthcare business – which runs brands including Sensodyne toothpaste – will demerge from the wider group in mid-2022 and list separately on the London Stock Exchange.
Lewis said: “GSK Consumer Healthcare is a world-class business with significant prospects and a high-quality leadership team. I am looking forward to being part of its exciting future as an independent company and the very positive impact it
Read more on theguardian.com