Andrew Yaxley has today been named as Tesco Ireland’s new chief executive in succession to Phil J Clarke.

Mr Clarke is retiring after over 40 years with the company, including the last two years as CEO of Tesco Ireland.

Mr Yaxley joined Tesco in 2001 and is currently the Managing Director of Tesco’s London business.

He previously worked for Mars and will take up the new position in late April.

Mr Yaxley has spent a lot of time in Ireland and his wife is from Co Wicklow.