Investing.com -- Tesco PLC (OTC: TSCDY ) said on Thursday that Matthew Barnes, the former UK CEO, has chosen to step down from his position to pursue other opportunities.

Ashwin Prasad will be taking over the role of UK CEO, following Barnes’ departure.

In addition to this change, Tesco has promoted Geoff Byrne to the position of CEO for Tesco Ireland & Northern Ireland.

Byrne’s new role will see him overseeing the operations of the company in these regions.

Moreover, Natasha Adams has been appointed as the Chief Strategy & Transformation Officer.

These changes are part of Tesco PLC’s ongoing efforts to ensure the best leadership for its operations and strategic initiatives.

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