Greggs names ex-Tesco UK boss Davies chair as profits inch up

Matt Davies has been handed a £3.2m 'golden hello' after climbing the ladder from Halfords to Tesco.

Greggs has appointed former Tesco UK boss Matt Davies as its new chair, as it recorded an uptick in profit and sales.

Davies has been named as an independent non-executive director and chair designate. He will join the board with immediate effect.

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