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Glaxo Hires Former Tesco Boss to Lead Consumer Unit Spinoff

  • Dave Lewis to start in January with London listing in 2022
  • Glaxo has faced pressure from activist investors over plans
Updated on

GlaxoSmithKline Plc appointed former Tesco Plc chief executive and turnaround expert Dave Lewis to lead the spinoff and listing of the U.K. drug giant’s consumer health care division. 

Lewis, who is currently advising the U.K. government on the supply chain crisis, will become non-executive chairman of the as-yet-unnamed company in January, Glaxo said in a statement Monday.