Ken Murphy (businessman)
Irish businessman From Wikipedia, the free encyclopedia
Ken Murphy (born 1966/1967) is an Irish business executive. He has been the chief executive (CEO) of Tesco since October 2020.
Ken Murphy | |
|---|---|
| Born | 1966 or 1967 (age 57–58)[1] Cork, Ireland |
| Education | University College Cork |
| Occupation | Business executive |
| Title | CEO, Tesco |
| Term | October 2020– |
| Predecessor | Dave Lewis |
| Children | 3 |
Early life
Murphy was born in Cork, Ireland.[2] He was educated there at Christian Brothers College,[3] and earned a bachelor's degree from University College Cork, and later attended the six-week Advanced Management Programme at Harvard Business School.[4][1][5] He is a qualified accountant and worked as an accountant at Coopers & Lybrand after graduating from University College Cork in 1988.[1][6]
Career
Murphy started his career at Procter & Gamble.[6] When he was 22, Murphy became a finance director at Alliance UniChem, a drugs wholesaler which became part of Boots UK.[5][6]
In 2013, Murphy became managing director of health and beauty, international and brands at Boots.[7]
After Walgreens took over Boots in 2014, he rose to become chief commercial officer and president of global brands at the parent company, Walgreens Boots Alliance.[5]
In October 2019, it was announced that Murphy would become CEO of Tesco.[8][9] He succeeded Dave Lewis on 1 October 2020.[10]
In May 2024 the Tesco PLC annual report revealed that Murphy had received a £10 million pay package for the year to February 2024, doubling his prior year's earnings. This comprised £4.7 million in pay and bonuses, up from £4.3 million, with the rest from shares that were awarded to Murphy when he joined and paid out after he surpassed a number of performance targets.[11]
Personal life
Murphy is married with three children.[1]
References
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