Tesco finance director steps down

Press Association
File photo dated 27/02/13 of Tesco's Chief Executive Philip Clarke who is facing a fresh blow amid reports the group's finance chief is poised to depart ahead of annual results in less than two weeks. PRESS ASSOCIATION Photo. Issue date: Friday April 4, 2014. Laurie McIlwee, who has been with the group for 14 years, is understood to be planning to hand in his resignation imminently following shareholder pressure and as speculation mounts over clashes with boss Mr Clarke over strategy. See PA story CITY Tesco. Photo credit should read: Rui Vieira/PA Wire
File photo dated 27/02/13 of Tesco's Chief Executive Philip Clarke who is facing a fresh blow amid reports the group's finance chief is poised to depart ahead of annual results in less than two weeks. PRESS ASSOCIATION Photo. Issue date: Friday April 4, 2014. Laurie McIlwee, who has been with the group for 14 years, is understood to be planning to hand in his resignation imminently following shareholder pressure and as speculation mounts over clashes with boss Mr Clarke over strategy. See PA story CITY Tesco. Photo credit should read: Rui Vieira/PA Wire

%VIRTUAL-SkimlinksPromo%Tesco finance director Laurie McIlwee confirmed today he is to step down after 14 years at the group ahead of annual results in less than two weeks.

He admitted that Tesco faced a period of "unprecedented change" in the supermarket industry.