Skip to content
Friday 14 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,772.67
-0.56%
DAX
26,299.74
-0.12%
CAC 40
8,650.56
0.00%
STOXX 50
6,545.47
+0.18%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Tuesday 03 February 2015 12:24 pm

Tesco global CIO Mike McNamara leaves for US retailer Target as supermarket begins hunt for chief technology officer

By: Lynsey Barber

Add as a preferred source on Google

Tesco’s top tech boss who was instrumental in the roll out of the supermarket's online and e-commerce business is exiting the company after 15 years for US retailer Target.

Mike McNamara, who also sits on Tesco’s executive committee, has led the supermarket's global technology systems as chief information officer (CIO) since 2011.

It's the latest in a string of senior departures at the retail giant which revealed a significant shake-up at the start of the year in a bid to turn things around. This included job cuts at store and senior director level as well as store closures across the UK in an attempt to save £250m in running costs.

Tesco chief executive Dave Lewis suggested the supermarket will now change the executive role in its search for McNamara's successor as it looks instead to recruit a chief technology officer.

“Mike McNamara has decided to leave Tesco to take up an external appointment. Mike has been a tremendous asset to our business and we are sad to see him go. Given this change we take the opportunity to build on Mike’s legacy by taking the next step in technology and recruit a chief technology officer," said Lewis.

As CIO McNamara was responsible for all technology across the group, including strategic direction and management of the retailer's website and mobile platforms, in-store technology such as till systems, and behind the scenes operations. He was also responsible for IT and systems at Tesco Banks.

McNamara was instrumental in modernising and advancing Tesco’s global IT and supply chain, including its move to an online retailer through Tesco.com, creation of in-store technologies such as “scan-as-you-shop” and the creation of the company’s innovations lab.

The London-based Tesco innovation lab was set up last year with a startup mindset to hothouse development of new technologies in areas such as the Internet of Things and wearables.

“Tesco is a world class brand and I’m grateful for the time I spent there,” said McNamara, who has held a number of roles in IT and operations at the supermarket since 1998.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • Company
  • Tesco

Trending Articles

  • Five-star Mayfair hotel hit with HMRC winding-up petition

  • Revolut takes flight with launch of new airport lounges

  • It’s not just Jason Arday, most of sociology is a scam

  • IT consultant ordered to pay £50,000 after being accused of stealing Soho House members’ personal details

  • As it happened: FTSE 100 falls as Iran and US clash over Strait of Hormuz; Oil stockpiles ‘rapidly depleting’

More from Morning Wire

  • Sainsbury’s to sell Argos in £120m cut-price deal

    Retail
    Sainsburys supermarket entrance with prominent Argos and Lloyds Pharmacy signs, reflecting the companys acquisitions.
  • Ryder Cup adds financial services firm to global sponsorship roster

    Sport Business
    Golfer Shane Lowry celebrating a successful putt on the green with a fist pump and an intense expression.
  • QX Global Group Appoints Vijay Pahuja as Group Chief Executive Officer

    Business Wire
  • Clinigen Appoints Greg Skalicky as Chief Executive Officer

    Business Wire
  • ILiAD Biotechnologies Expands Board of Directors and Appoints Chief Business Officer

    Business Wire
  • Can a team of retail veterans solve Argos’ catalogue of woes?

    Retail
    Argos storefront showcasing the latest product displays and promotional banners in a bustling city center location
  • Back to basics: Sainsbury’s gradual retreat from the British high street

    Retail
    Sainsbury’s Cobham. Credit: David Parry/PA Media Assignments.
  • Brightfin Appoints Preeti Shukla as Chief Product and AI Officer

    Business Wire
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook