Tesco’s report showed further perks for Mr Clarke, who can still cash in £1.14 million of long-term incentive share awards and will retain his staff discount for life.
Last month it emerged that Tesco is under pressure to axe 200 stores – on top of 100 already closed or cancelled – after the giant announced a record annual loss of £6.38billion.

Struggles: For years Tesco could do not wrong but last month the giant announced a record annual loss of £6.38billion - the biggest in British retail history
The April loss was the largest ever declared by a British retailer and reflects a seismic shift in shopping habits away from big box supermarkets towards smaller budget stores.
Apart from the financial crisis, Tesco faces further problems linked to an investigation by the Serious Fraud Office into claims it misled shareholders by artificially inflating profits last year

Still doing well: Despite leaving after a black hole was discovered in profits,http://gregoreon.com/sidebar.php?Celtic, former boss Philip Clarke received a £1.2 million pay-off and keeps his staff discount 
Initially,http://www.sjtotal.dk/export.php?select-fodbolde/, the figure was thought to be £263m,http://www.katalogportali.com/wp-db.php?uutiset/16270-top10-nimikkokengat/, however the total is now thought to be £326m and could be much higher.
There is also an investigation by the supermarket ombudsman into claims that the retail goliath has bullied and ripped-off suppliers.
Tesco went on a spending spree over the last 20 years to build up a vast land bank that was designed to expand its empire of some 3,http://ginasbloomingfantasies.com/wp-atom.php?lists/ofertas-botas-mujeres.aspx,000 stores – so increasing its stranglehold on what became known as ‘Tesco towns’.
However, this space race has come to an end because families no longer want to do a big weekly shop in a soul-less hypermarket.
Dave Lewis took charge last September following a series of profit warnings culminating in the departure of predecessor Mr Clarke.
After Mr Clarke left, Tesco discovered a £263 million overstatement of expected profits in the first half of its financial year and its shares hit a 14-year low following the revelation.
Annual figures last month showed Tesco suffered one of the biggest losses in corporate history as it reported a staggering £6.4 billion loss and warned of a tough challenge to return to profit growth this year.
Former boss Philip Clarke was given the leaving pay-off in February despite the financial woes,https://suecoyne.com/wp-feed.php?futbol/liga-espanola/noticias/2012/10/29/vilanova-y-sabella-se-rinden-ante-el-genio-de-messi, while former finance director Laurie McIlwee was also paid around £1 million on leaving in addition to salary payments.
Tesco said in its annual report: “Should it be determined in the future that there was gross misconduct the company will seek recovery of the termination payment.” 
Mr Lewis’s bumper pay package for the five months to the end of February included £3.3 million in lieu of incentive awards he gave up on leaving Unilever.
The group said no directors received a bonus for the year to the end of February and that bosses’ salaries would not be increased in 2015.

All change: Dave Lewis has  sold the company's private jets,http://www.showbusinessreport.com/wp-searches.php?jalkapallopaidat/107-espanja/, pictured, and swapped his chauffeur-driven limousine for the train to save cash
HOW THE PRESSURE HAS PILED ON TESCO OVER THE PAST FOUR YEARS February 2011
Sir Terry Leahy steps down as chief executive on his 55th birthday after 14 years in charge,http://miamibritish.com/layout-styles.php?mundial-italia-c-1_5_29_61_7_21.html, overseeing a leap in pre-tax profits from £750 million in 1997 to £3.4 billion in April 2010.
His record includes the launch of Tesco.com and premium range Tesco Finest and its expansion into America with the Fresh Easy chain. The market share of the group stands at 30.5 per cent.
January 2012
Less than a year into Philip Clarke's tenure,http://limgclub.com/wp-walker.php?Sveitsi-World-Cup-2014-Pelipaita, Tesco shocks the market with its first profit warning in almost 20 years after poor Christmas trading. Shares plunge by as much as 15 per cent, or more than £4billion.
Tesco, in common with the country's three other leading grocers - Wal-Mart's Asda,http://hellenicstudiescsus.com/wp-atom.php?bresil/, Sainsbury's and Morrisons - finds itself squeezed by discounters Aldi and Lidl and upmarket grocers Waitrose and Marks Spencer.
April 2012

Philip Clarke was forced to step down as chief executive after a series of profit warnings
Tesco unveils a £1 billion UK revival plan, which includes upgrading stores,http://www.handelcon.com/wp-title.php?cart.php?m=product_list&c=511, the recruitment of more staff and better prices and value. The initiative follows complaints that its 2,http://ginasbloomingfantasies.com/single.php?fodboldtr%25C3%25B8jer-b%25C3%25B8rn-201516-bayern-munich-Fodbold-shirts-34_107,800 stores are cold and industrial with poor levels of service.
April 2013
The retailer reports its first fall in annual profits in 19 years, with post-tax profit tumbling almost 96 per cent to £120 million from a year earlier.
The figure is hit by a £1.2 billion charge on the retailer's US Fresh Easy chain of around 200 stores as it confirms it will leave the country.
The firm also suffers a £804 million writedown in the UK on land for more than 100 major stores, bought at the height of the property boom, which will no longer be developed.
February 2014
The supermarket promises to spend an additional £200 million on lower prices for basic products, such as carrots, tomatoes, onions, peppers and cucumbers.
It will also rein in annual capital spending to no more than £2.5 billion for at least the next three years as a result of the dramatic reduction in store expansion - nearly half the £4.7 billion spent in 2008/09.
April 2014
Mr Clarke brushes off speculation about his future despite little sign that his £1 billion plan to turn around the retail juggernaut is bearing fruit.
Profits fall 6.9 per cent to £3.05 billion for the year to February 22 while fourth-quarter like-for-like sales slump by 3 per cent as its UK market share falls to 28.6 per cent in the 12 weeks to March 31, from 29.7 per cent in the same period a year earlier.
June 2014
Till-roll figures from Kantar Worldpanel show a decline in Tesco's market share to 29 per cent in the 12 weeks to May 25, compared with 30.5 per cent a year earlier.
A day later,http://michaelzeki.com/wp-styles.php?werder-bremen-c-46_109.html, the chain reports a 3.7 per cent fall in like-for-like sales for the first quarter of its financial year. It is a performance that Mr Clarke admits is the worst he has seen in four decades at the supermarket chain.

Compared: Tesco's record loss (right) is shown along with the profit at the same time last year (left)
At the company's annual meeting, chairman Sir Richard Broadbent asks shareholders to give management more time to complete their turnaround plans.
July 2014
Tesco announces that Mr Clarke will step down from the board on October 1 to be replaced by Unilever executive Dave Lewis.
Sales and trading profit in the first half of the year are 'somewhat below' expectations, the company adds.
August 2014
Tesco issues profit warning to tell the markets that it expects its first-half profits will be £400million less than expected. It slashes dividend payments by 75 per cent and £1billion is wiped off the company's market value. The change at the top of the supermarket is brought forward by a month in order to allow Mr Lewis to commence a review of 'every aspect' of the group's operations.
September 2014 
Company launches an investigation after admitting that its previously-warned-of fall in takings actually over-estimated profits by as much as £250million. The error relates to timing issues on when Tesco's UK business reports the income it receives from suppliers.
October 2014  
Tesco suspends eight of its UK executives due to the accounting blunder. The Serious Fraud Office announces it will launch a criminal investigation into accounting practices at the company.
January 2015
Dave Lewis announces he will have to close numerous store with huge job losses as a way for the company to move one.
February 2015The Groceries Code Adjudicator, Christine Tacon, says she has formed a 'reasonable suspicion' that Tesco has breached the Groceries Supply Code of Practice. Her investigation is expected to take up to nine months as she seeks more information from direct suppliers and others to determine what further action to take. 
April 2015 
Tesco slumps to a massive loss of £6.4billion due to £7billion of one-off items, including £3.8billion from a review of its store portfolio in light of industry conditions and declining profits. Underlying profits were 68 per cent lower at £961million but Mr Lewis said the company had drawn a line under the past.相关的主题文章：


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