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• The Financial Times reports that former Tesco CEO Sir Terry Leahy “is to become a part-time senior adviser to Clayton Dubilier & Rice, the US private equity firm, his first big corporate role since stepping down as chief executive of Tesco.”

He joins some heavy hitters at the firm, including former GEO CEO Jack Welch and former Procter & Gamble CEO A.G. Lafley.
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