Two of the three Tesco board members have announced their departure, leaving only one woman on a board consisting of 12 directors. This will push the retailer even further from meeting government targets on board diversity, which stands at 25% at present; the average across all FTSE companies is 22.8%. Business Secretary Vince Cable published a league table earlier this month to name and shame those companies with the lowest female representation at board level and the departures will see Tesco drop down those rankings.
Tesco is losing directors Jacqueline Tammenoms Bakker and Olivia Garfield - meaning it has just one female board member
Two of Tesco's three female board members are leaving the troubled supermarket this week.
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