GSK picks ex-Tesco chief Lewis to head spun-off consumer healthcare arm

December 19, 2021 admin Stock News 0

© Reuters. FILE PHOTO: Dave Lewis, Tesco CEO, speaks at the the British Chamber of Commerce annual conference in London, Britain, March 28, 2019. REUTERS/Peter Nicholls

(Reuters) – GlaxoSmithKline (NYSE:) Plc has picked former Chief Executive Officer of Tesco (OTC:) Plc Dave Lewis to head GSK’s consumer healthcare unit, which is being spun off into a standalone business, Sky News reported on Sunday.

Confirmation of his appointment could come as soon as Monday, the broadcaster said.

GSK did not immediately respond to a Reuters request for comment.

The 40 billion pound ($53 billion) spinoff is due to take effect next year.

($1 = 0.7551 pounds)

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