About Terry Leahy
Sir Terence Patrick Leahy is a British businessman, previously the CEO of Tesco, the largest British retailer and the third-largest retailer in the world measured by revenues. In 2011, he became a senior advisor at private equity company Clayton Dubilier & Rice. Following Tesco's announcement of £2 billion in profits in April 2005, Leahy hit back against protests that the company was "too successful". Leahy was appointed to the board in 1992, and in 1995 Tesco became the UK's biggest retailer. Leahy became chief executive in 1997, on the retirement of Lord MacLaurin (formerly his mentor) who wanted to appoint a successor to lead international expansion and increased market share.
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